Allstate estimates $307mn January pre-tax cat losses, auto rates increase 9.9%
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Allstate estimates $307mn January pre-tax cat losses, auto rates increase 9.9%

Allstate logo storm damage.jpg

Allstate anticipates pre-tax catastrophe losses of $307mn in January, or $243mn after-tax.

Total cat losses for January were estimated at $309mn, related to nine events, primarily in Texas and California, but these were partially offset by favorable reserve re-estimates for prior events.

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