Monthly UpdateJun 18, 2026, 07:46 AM
Allstate Reports May Catastrophe Losses of $289M; Policies in Force Up
AI Summary
Allstate Corporation announced estimated catastrophe losses of $289 million ($228 million after-tax) for May 2026, bringing the total for April and May to $1.16 billion ($915 million after-tax). The company also reported an increase in Allstate Protection policies in force, reaching 38,799 thousand as of May 31, 2026, reflecting growth across auto, homeowners, and other personal lines. Going forward, policies in force will be reported in quarterly earnings releases.
Key Highlights
- Estimated catastrophe losses for May 2026 were $289 million ($228 million after-tax).
- Total catastrophe losses for April and May 2026 amounted to $1.16 billion ($915 million after-tax).
- Total Allstate Protection policies in force reached 38,799 thousand as of May 31, 2026.
- Auto policies in force increased to 25,901 thousand, up 0.4% from April and 2.7% from May 2025.
- Homeowners policies in force grew to 7,788 thousand, up 0.3% from April and 2.6% from May 2025.
- Other personal lines policies in force were 4,930 thousand, up 0.2% from April and 0.9% from May 2025.
- Commercial lines policies in force were 180 thousand, up 0.6% from April and flat from May 2025.
Price Impact
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