Allstate announces march and first quarter 2024 catastrophe losses and implemented rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of march of $328 million or $259 million, after-tax. march month catastrophe losses include six events estimated at $343 million or $271 million, after-tax, with approximately 80% of the losses related to one hail event, partially offset by favorable reserve reestimates for prior events. total catastrophe losses for the first quarter were $731 million, pre-tax. rate.
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