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Allstate catastrophe losses stay below $150M in December

Allstate estimates catastrophe losses below threshold, implements auto rate increases in California, New York, and New Jersey, aiming to boost written...

By: Seeking Alpha

Jan 19 2024
4
335 Views

Allstate (NYSE:ALL) estimated Thursday its catastrophe losses remained below the $150M reporting threshold for the last month of 2023. During December, the insurer implemented auto rate increases of 16.5% across 15 locations, resulting in total brand... [826 chars]

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