Allstate rate increases raise written premiums in auto, homeowners'
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Allstate rate increases raise written premiums in auto, homeowners'

Shelby Rosenberg
November 16, 2023
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Allstate’s 2023 rate increases are expected to raise annualized written premiums by $2.7bn for auto and $982mn for homeowners’, leading to a premium impact of 10.4% and 9.6%, respectively, according to CFO Jess Merten.

Meanwhile, the company’s October cat losses came in below the reporting threshold of $150mn, compared to $317mn of cat losses in September and nearly $1.2bn

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Shelby Rosenberg
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