The Allstate Corporation announced estimated catastrophe losses for February 2025 totaling $92 million, or $73 million after-tax. This figure represents a notable decrease compared to the significant losses reported in January. Total catastrophe losses for February year-to-date reached $1.17 billion, or $922 million after-tax.
Regarding policies in force, Allstate Protection saw slight increases across key segments. Auto policies in force rose by 0.2% to 24,894 thousand compared to January 31, 2025. Homeowners policies also increased by 0.2% to 7,537 thousand, and other personal lines grew by 0.1% to 4,873 thousand.
Overall, total Allstate Protection policies in force increased by 0.2% to 37,500 thousand compared to the prior month. These modest gains in policy counts, coupled with lower monthly catastrophe losses, indicate a period of relative stability for the company's core insurance operations.
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