Allstate announces april 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 april of $799 million or $631 million, after-tax. april month catastrophe losses include 12 events estimated at $872 million, with approximately 60% of the losses related to two wind and hail events, partially offset by favorable reserve reestimates for prior events. during the month of april, the allstate brand implemented auto rate increases of 8.6% across 13 l.
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