Allstate Pronounces Might 2024 Disaster Losses – Cyber Information

NORTHBROOK, Ailing., June 20, 2024 – The Allstate Company (NYSE: ALL) as we speak introduced estimated disaster losses for the month of Might of $1.40 billion or $1.10 billion, after-tax.

Disaster losses included 14 occasions estimated at $1.48 billion, with roughly 70% of the losses associated to 5 wind and hail occasions, primarily in Texas, Colorado and Illinois. Complete disaster losses for April and Might have been $1.89 billion, pre-tax, and complete disaster losses for Might year-to-date have been $2.62 billion, pre-tax.

Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.

Ahead-Trying Statements 
This information launch incorporates “forward-looking statements” that anticipate outcomes based mostly on our estimates, assumptions and plans which might 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 info 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 comparable meanings. We consider these statements are based mostly on affordable estimates, assumptions and plans. Nonetheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes may differ materially from these communicated in these forward-looking statements. Components that would 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 Change Fee, together with the “Danger Components” part in our most up-to-date annual report on Type 10-Ok. 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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