Allstate (ALL) Reports $289 Million May Catastrophe Losses

Allstate (ALL) announced May 2026 catastrophe losses totaling $289 million pre-tax, or $228 million after-tax. These losses primarily stemmed from 10 weather-related events, predominantly wind and hail, with significant impact in Texas. The May figures follow April 2026 catastrophe losses of $1.47 billion pre-tax. For the second quarter of 2026, Allstate's total estimated catastrophe losses reached $1.76 billion pre-tax, or $1.39 billion after-tax, as of May 31, 2026.