Allstate Proclaims January 2023 Disaster Losses and Carried out Auto Charges






NORTHBROOK, Sick., February 16, 2023 – The Allstate Company (NYSE: ALL) lately introduced estimated disaster losses for the month of January of $307 million or $243 million, after-tax.

Disaster losses for January occasions have been estimated at $309 million, associated with 9 occasions essentially in Texas and California, partly offset by way of favorable reserve reestimates for prior occasions.

“Allstate persevered to enforce vital auto insurance coverage charge movements in keeping with inflationary will increase to loss prices. All the way through the month of January, the Allstate emblem carried out auto charge will increase of 9.9% throughout 13 places, leading to overall emblem top rate affect of 0.7% which might be anticipated to boost annualized written premiums by way of roughly $182 million,” stated Jess Merten, Leader Monetary Officer of The Allstate Company. Our carried out auto charge show off has been posted on

Monetary data, together with subject material bulletins about The Allstate Company, is mechanically posted on

Ahead-Taking a look Statements

This information free up incorporates “forward-looking statements” that wait for effects in accordance with our estimates, assumptions and plans which can be matter to uncertainty. Those statements are made matter to the safe-harbor provisions of the Personal Securities Litigation Reform Act of 1995. Those forward-looking statements don’t relate strictly to historic or present info and could also be known by way of their use of phrases like “plans,” “seeks,” “expects,” “will,” “must,” “anticipates,” “estimates,” “intends,” “believes,” “most probably,” “goals” and different phrases with equivalent meanings. We imagine those statements are in accordance with cheap estimates, assumptions and plans. On the other hand, if the estimates, assumptions or plans underlying the forward-looking statements turn out faulty or if different dangers or uncertainties get up, exact effects may vary materially from the ones communicated in those forward-looking statements. Components that would purpose exact effects to vary materially from the ones expressed in, or implied by way of, the forward-looking statements could also be present in our filings with the U.S. Securities and Trade Fee, together with the “Chance Components” phase in our most up-to-date annual file on Shape 10-Ok. Ahead-looking statements are as of the date on which they’re made, and we suppose no legal responsibility to replace or revise any forward-looking remark.

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