Home and auto insurer Allstate Corp. said on Thursday it lost $280 million in April on natural disasters, more than it lost in the first three months of the year combined.
Allstate said the pre-tax loss came from 10 separate events, though it did not break them down or identify the largest among them.
Still, the loss was much smaller than in April 2011, when Allstate and other insurers were hurt by a series of devastating tornadoes. The company lost $1.4 billion that month.
Allstate began releasing monthly catastrophe losses last year under pressure from analysts, who wanted more detail on the company’s exposures.
Copyright 2026 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
‘Structural Shift’ Occurring in California Surplus Lines 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
