Allstate estimates $748 million in August catastrophe losses
Filed with the SEC on · Summarized by InvestorsBot
Allstate reported estimated August 2026 catastrophe losses of $748 million, or $591 million after tax, across 21 events, with about half tied to one wind and hail event. Combined catastrophe losses for July and August reached $1.43 billion, or $1.13 billion after tax, which could weigh on the company’s results for the period.