Story perspectives
Allstate Faces $213M August Loss Amid Strong Q1 Growth
9/18/2025
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Story summary
- Allstate reported pre-tax catastrophe losses of $213 million for August 2025, totaling $2.387 billion for the annual risk period.
- Losses for April through July were $594 million, $777 million, $619 million, and $184 million, respectively.
- August's losses resulted from 10 events, mainly three wind and hail incidents.
- Analysts noted a 7.8% revenue increase to $16.5 billion and a net income of $566 million for Q1 2025.
- Allstate received a "strong-buy" rating from Wolfe Research, with a price target of $231.47.
