Allstate Reports $140 Million in February Catastrophe Losses

Total catastrophe losses for January and February were $315 million, after-tax.

Mar. 19, 2026 at 12:49pm

Got story updates? Submit your updates here. ›

The Allstate Corporation announced estimated catastrophe losses of $140 million, or $111 million after-tax, for the month of February. The company's total catastrophe losses for January and February were $315 million, or $249 million after-tax. Allstate also provided an update on its Allstate Protection policies in force, showing increases across auto, homeowners, and other personal lines compared to the previous year.

Why it matters

Allstate's catastrophe losses are an important metric for the insurance industry, as natural disasters and extreme weather events can have a significant financial impact on insurance providers. The company's ability to manage these losses is crucial for its profitability and long-term sustainability.

The details

Allstate reported that its Allstate Protection policies in force increased across all major lines of business compared to the previous year, with auto policies up 3.0%, homeowners policies up 2.5%, and other personal lines up 0.6%. However, commercial lines policies decreased by 10.2% year-over-year.

  • Allstate reported the estimated catastrophe losses for the month of February 2026.
  • The company also provided data on its Allstate Protection policies in force as of February 28, 2026, January 31, 2026, and February 28, 2025.

The players

The Allstate Corporation

An American insurance company that provides insurance services and products, including auto, homeowners, and commercial insurance.

Got photos? Submit your photos here. ›

The takeaway

Allstate's ability to manage its catastrophe losses and maintain growth in its core insurance lines will be crucial for the company's financial performance and its ability to serve its customers in the face of increasing natural disasters and extreme weather events.