NORTHBROOK, Ailing., March 20, 2025 – The Allstate Company (NYSE: ALL) at the moment introduced estimated disaster losses for the month of February of $92 million or $73 million, after-tax. Whole disaster losses for February year-to-date have been $1.17 billion or $922 million, after-tax.
Allstate Safety insurance policies in pressure are as follows:
Allstate Safety Insurance policies in Drive*
| in 1000’s | February 28, 2025 | January 31, 2025 | February 29, 2024 | Feb. 28, 2025 v Jan. 31, 2025 | Feb. 28, 2025 v Feb. 29, 2024 |
|---|---|---|---|---|---|
| Auto | 24,894 | 24,835 | 25,115 | 0.2 % | (0.9)% |
| Owners | 7,537 | 7,521 | 7,354 | 0.2 % | 2.5% |
| Different private traces | 4,873 | 4,866 | 4,853 | 0.1 % | 0.4% |
| Business traces | 196 | 204 | 276 | (3.9)% | (29.0)% |
| Whole | 37,500 | 37,426 | 37,598 | 0.2 % | (0.3)% |
*Coverage counts are based mostly on gadgets relatively than clients. A multi-car buyer would generate a number of merchandise (coverage) counts, even when all automobiles have been insured below one coverage. Lender-placed insurance policies are excluded from coverage counts as a result of relationships are with the lenders.
Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com
Ahead-Wanting Statements
This information launch comprises “forward-looking statements” that anticipate outcomes based mostly on our estimates, assumptions and plans which can be topic to uncertainty. These statements are made topic to the safe-harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements don’t relate strictly to historic or present details and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “possible,” “targets” and different phrases with related meanings. We imagine these statements are based mostly on cheap estimates, assumptions and plans. Nevertheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes might differ materially from these communicated in these forward-looking statements. Elements that might trigger precise outcomes to vary materially from these expressed in, or implied by, the forward-looking statements could also be present in our filings with the U.S. Securities and Alternate Fee, together with the “Threat Elements” part in our most up-to-date annual report on Type 10-Okay. Ahead-looking statements are as of the date on which they’re made, and we assume no obligation to replace or revise any forward-looking assertion.
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