NORTHBROOK, Unwell., October 17, 2024 – The Allstate Company (NYSE: ALL) immediately introduced estimated disaster losses for the month of September of $889 million or $702 million, after-tax, together with $630 million, pre-tax, associated to Hurricane Helene. Whole disaster losses for the third quarter had been $1.70 billion or $1.35 billion, after-tax, and whole disaster losses for September year-to-date had been $4.55 billion or $3.60 billion, after-tax.
In the course of the third quarter of 2024, the Firm carried out its annual run-off property-liability reserve evaluate, which resulted in unfavorable reserve reestimates totaling $58 million or $46 million, after-tax.
Charge will increase for Allstate model auto insurance coverage resulted in a premium affect for charges carried out of two.9% in third quarter and 6.3% year-to-date, which incorporates price will increase authorised by the Departments of Insurance coverage in New York, New Jersey and Texas this quarter. Our carried out price exhibit for auto and owners insurance coverage has been posted on www.allstateinvestors.com.
Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.
Ahead-Wanting Statements
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