Allstate Corporation News

Allstate: Most August 2021 Cat Losses Occurred in Louisiana

The Allstate Corporation estimates catastrophe losses for August 2021 at of $876 million or $692 million, after-tax. The bulk of those losses are the result of Hurricane Ida and the majority occurred in Louisiana, the company said. Catastrophe losses for …

Allstate: May 2020 Catastrophe Losses Mostly in Midwest, Texas

Allstate says severe weather events in Texas and the Midwest account for the majority of its $350 million in catastrophe losses in May 2020. Northbrook, Illinois-based Allstate Corp. has estimated catastrophe losses for the month of May of $350 million, …

Allstate Says 60% of June Insured Cat Losses Came from Texas

Announcing total estimated catastrophe losses for June, Allstate Corporation attributed 60 percent of those losses to four severe wind and hail weather events that primarily impacted Texas. Allstate estimated catastrophe losses for the month of June 2019 of $309 million, …

Nearly 40% of Texans Admit Being Scared by Texas Weather: Survey

Thirty-seven percent of Texans say Lone Star State spring storms scare them, and more than a third say they feel the weather is getting worse year after year, according to a new survey by Allstate Insurance Co. The number of …