Allstate’s April Catastrophe Losses Estimated at $1.4 Billion

Based on 13 events in the United States and Canada, with the largest losses from tornadoes in Alabama, Arkansas, Georgia and Virginia that occurred in the last week of the month, Allstate reported $1.4 billion in estimated catastrophe losses for the month of April.

During April, Allstate deployed more than 3,000 claims professionals to assist customers, with more than 100,000 claims reported to date in the areas affected by these catastrophes.

Estimated April catastrophe losses totaled about $1.37 billion for the Allstate brand and about $30 million for Encompass brand.

SOURCE: The Allstate Corporation