Allstate Announces April 2024 Catastrophe Losses | Allstate Newsroom


Share post:

NORTHBROOK, Ill., May 16, 2024 â€“ The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $494 million or $390 million, after-tax.

Catastrophe losses included 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on

Forward-Looking Statements 

This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.

# # # #

Post Views: 34


Please enter your comment!
Please enter your name here

Related articles

Apple in advanced talks with OpenAI to use ChatGPT technology on iPhone By

Apple (NASDAQ:) is nearing an agreement with OpenAI to integrate the startup's AI technology into the iPhone,...

Taco Bell and Others Use Handwashing Lie Detector on Employees

PathSpot, a New York tech startup, has developed a hand hygiene device that identifies if hands are...

10 Best Facebook Autoposter Tools to Save You Big Time in 2024

Bloggers and social media marketers have a constant list of things to do! Creating, scheduling, and promoting...

The Fed’s Beige Book showcases 5 signs of economic pain flying under the radar

Federal Reserve officials spend a lot of time poring over reams of economic data, but sometimes it...