NORTHBROOK, Sick., March 21, 2024 – The Allstate Company (NYSE: ALL) at the moment introduced that estimated disaster losses had been beneath the $150 million reporting threshold for February 2024.
Price will increase for Allstate model auto insurance coverage resulted in a premium affect of 0.1% for the month of February and 1.5% year-to-date. Price will increase for Allstate model householders insurance coverage have resulted in a premium affect of two.4% for the month of February and a couple of.7% year-to-date. Carried out price will increase and inflation in insured residence substitute prices resulted in a 12.4% enhance in householders insurance coverage common gross written premium in February 2024 in comparison with the prior 12 months. Our carried out price exhibit for auto and householders insurance coverage has been posted on www.allstateinvestors.com.
Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.
Ahead-Trying Statements
This information launch accommodates “forward-looking statements” that anticipate outcomes based mostly on our estimates, assumptions and plans which are 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 details and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “doubtless,” “targets” and different phrases with comparable meanings. We consider these statements are based mostly on affordable estimates, assumptions and plans. Nevertheless, 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 Trade Fee, together with the “Threat Components” part in our most up-to-date annual report on Kind 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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