Allstate May 2024 cat losses $1.40B pre-tax ($1.10B after-tax); 5 wind/hail events in TX, CO, IL drive ~70%

ALLSTATE CORP

Pre-tax catastrophe losses for May 2024: $1.40B; after-tax $1.10B.
14 catastrophe events estimated at $1.48B; ~70% from five wind/hail events in Texas, Colorado, Illinois.
Combined April+May 2024 pre-tax losses: $1.89B; year-to-date through May: $2.62B pre-tax.
Losses stem from severe convective storms; impact on earnings to be reported in quarterly results.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.