Allstate Corporation Reports June 2025 Catastrophe Losses Estimated at $619 Million, with Total Second Quarter Losses Reaching $1.99 Billion

Reuters
2025/07/17
Allstate Corporation Reports June 2025 Catastrophe Losses Estimated at $619 Million, with Total Second Quarter Losses Reaching $1.99 Billion

The Allstate Corporation has reported its estimated catastrophe losses for June 2025 at $619 million, or $489 million after-tax. These losses encompass 15 events, with roughly 70% stemming from three wind and hail incidents. For the entire second quarter of 2025, catastrophe losses totaled $1.99 billion, or $1.57 billion after-tax. In terms of policy numbers, as of June 30, 2025, Allstate Protection had 25,243 auto policies in force, marking a 0.1% increase from May 31, 2025, and a 0.5% increase from June 30, 2024. Homeowners policies numbered 7,596, reflecting a 0.1% rise from the previous month and a 2.3% rise year-over-year. Other personal lines policies remained stable from May 2025 but increased by 0.3% compared to June 2024. However, commercial lines saw a decline, with 176 policies in force as of June 2025, down 2.2% from May 2025 and 31.3% from June 2024. Overall, total policies in force reached 37,900, a slight 0.1% increase from May 2025, and a 0.6% gain from the previous year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Allstate Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000899051-25-000062), on July 17, 2025, and is solely responsible for the information contained therein.

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