The Allstate Corporation (ALL) on Thursday reported estimated catastrophe losses of $289 million in May, or $228 million after tax.
The insurer said total catastrophe losses for April and May combined amounted to $1.160 billion, or $915 million after tax.
Allstate's Protection business continued to grow its customer base during May. Total policies in force increased 0.3% from April and 2.4% from a year earlier to 38.80 million.
Allstate shares closed at $221.66 on Wednesday, down 0.64%.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.