Allstate reports $175 million catastrophe losses for January 2026 due to winter storm

Thomas J. Wilson, CEO and President of Allstate Corporation
Thomas J. Wilson, CEO and President of Allstate Corporation - Fortune
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The Allstate Corporation reported estimated catastrophe losses of $175 million for January 2026, with an after-tax impact of $138 million. The company stated that these losses were primarily due to Winter Storm Fern.

Allstate also provided information on its policies in force, noting that policy counts are based on the number of insured items rather than individual customers. For example, a customer with multiple cars would generate multiple policy counts. Lender-placed policies are not included in these figures since they involve agreements with lenders rather than direct customers.

“Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com,” the company said.

The release included a statement regarding forward-looking statements: “This news release contains ‘forward-looking statements’ that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like ‘plans,’ ‘seeks,’ ‘expects,’ ‘will,’ ‘should,’ ‘anticipates,’ ‘estimates,’ ‘intends,’ ‘believes,’ ‘likely,’ ‘targets’ and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the ‘Risk Factors’ section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.”

Allstate describes itself as a provider of protection products for autos, homes, electronic devices and identities through various distribution channels such as agents, retailers and online platforms. The company currently has 211 million policies in force.

For further details about Allstate’s financial information and updates, stakeholders can visit www.allstateinvestors.com.



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