Allstate announces august 2023 catastrophe losses and implemented rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of august of $551 million or $435 million, after-tax. august month catastrophe losses include 18 events estimated at $641 million, with approximately half of the losses related to the maui wildfire, partially offset by favorable reserve reestimates for prior events. total catastrophe losses for july and august were $864 million, pre-tax. during the month of august,.
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