Allstate announces march 2022 and first quarter 2022 catastrophe losses, prior year reserve reestimates and implemented auto rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of march of $227 million or $179 million, after-tax. march catastrophe losses included six events, primarily tornado and wind in texas and the southeast, estimated at $246 million, plus favorable reserve reestimates for prior events. catastrophe losses for the first quarter totaled $462 million, pre-tax. inflationary trends continue to adversely impact both current
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