Allstate announces february 2023 catastrophe losses and implemented auto rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of february of $211 million or $167 million, after-tax. catastrophe losses for february events were estimated at $241 million, related to nine events primarily from wind and rain that were geographically widespread, partially offset by favorable reserve reestimates for prior events. catastrophe losses for january and february totaled $518 million, pre-tax.
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