NORTHBROOK, IL, March 21, 2024 – Allstate Company (NYSE: ALL) at present introduced that its estimated disaster losses are under the February 2024 reporting threshold of $150 million.
Charge will increase for Allstate model auto insurance coverage resulted in a 0.1% premium impression in February and 1.5% year-to-date. Allstate-branded householders insurance coverage price will increase resulted in a 2.4% premium impression in February and a couple of.7% year-to-date. Because of the implementation of premium price will increase and residential alternative value inflation, common gross written premiums for householders insurance coverage elevated 12.4% 12 months over 12 months in February 2024. Our auto and householders insurance coverage charges can be found at www.allstateinvestors.com.
Monetary details about Allstate Company, together with vital bulletins, is posted periodically at www.allstateinvestors.com.
Ahead-looking statements
This information launch accommodates forward-looking statements that predict outcomes primarily based on the Firm’s estimates, assumptions and plans that contain uncertainties. These statements are made pursuant to the protected harbor provisions of the Personal 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 way of terminology resembling “plans,” “,” and related phrases. “search”, “anticipate”, “would”, “ought to”, “anticipate”, “estimate”, “intend”, “imagine”, “doubtless”, “aim and ‘, and different phrases with related meanings. The Firm believes that these statements are primarily based on affordable estimates, assumptions and plans. Nonetheless, if the estimates, assumptions and plans underlying forward-looking statements show inaccurate, or are topic to different dangers and uncertainties, precise outcomes could differ with respect to those forward-looking statements. It could differ considerably from what’s conveyed within the description. Elements that would trigger precise outcomes to vary materially from these expressed or implied by the forward-looking statements are topic to the US Securities and Alternate Fee, together with the “Danger Elements” part of our most up-to-date annual report. This info could also be included within the paperwork submitted to the assembly. on Kind 10-Okay. Ahead-looking statements communicate solely as of the date they’re made, and the Firm undertakes no obligation to replace or revise any forward-looking statements.
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