NORTHBROOK, In poor health., Could 13, 2025 – Allstate Chief Claims Officer Mike Fiato testified earlier than the U.S. Senate at this time on how Allstate helps prospects get better from surprising losses. He highlighted the corporate’s proactive claims response and dedication to serving to prospects rebuild from more and more harmful extreme climate occasions.
“Allstate’s staff of 23,000 claims professionals serve 8.4 million buyer claims every year. In 2024, the corporate offered over $37 billion to prospects, together with $4.6 billion tied to 132 catastrophes,” mentioned Fiato. “Allstate mobilizes 1000’s of individuals after disasters to serve prospects by organizing shelter, offering clothes and distributing cash to assist them start rebuilding their lives. Allstate prospects impacted by January’s California wildfires have obtained $945 million.”
One in 10 American households rely upon Allstate to guard one in every of their most dear belongings with inexpensive, easy and related insurance coverage. During the last 5 years, Allstate has paid over $20 billion to assist prospects rebuild following extreme climate occasions.
“American insurers put prospects first day-after-day, offering steering and well timed funds once they’re wanted most,” mentioned Neil Alldredge, President and CEO of the Nationwide Affiliation of Mutual Insurance coverage Firms. “The swift response to the latest California wildfires and Hurricanes Helene and Milton present how dedicated carriers are to serving to folks get better and rebuild as shortly as doable.”
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