Allstate announces may 2022 catastrophe losses and implemented auto rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of may of $436 million or $344 million, after-tax. may catastrophe losses included 14 events, primarily wind and hail in texas, the midwest and canada, estimated at $423 million, plus unfavorable reserve reestimates for prior period events. catastrophe losses for april and may totaled $752 million, pre-tax. “allstate continued to implement meaningful rate actions in
ALL Ratings Summary
ALL Quant Ranking