Allstate announces august 2021 catastrophe losses

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of august of $876 million or $692 million, after-tax. catastrophe losses for july and august totaled $1.1 billion, pre-tax. catastrophe losses in august comprised 11 events at an estimated cost of $843 million plus unfavorable prior period reserve reestimates. hurricane ida impacted 19 states with the majority of losses occurring in louisiana, resulting in gross los
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