Allstate Publicizes September and third quarter 2024 Disaster Losses, Run-off Reserve Assessment and Third Quarter 2024 Carried out Charges

Throughout the third quarter of 2024, the Firm carried out its annual run-off property-liability reserve overview, which resulted in unfavorable reserve reestimates totaling $58 million or $46 million, after-tax.

Price will increase for Allstate model auto insurance coverage resulted in a premium impression for charges applied of two.9% in third quarter and 6.3% year-to-date, which incorporates fee will increase accredited by the Departments of Insurance coverage in New York, New Jersey and Texas this quarter. Our applied fee exhibit for auto and owners insurance coverage has been posted on www.allstateinvestors.com.

Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.

Ahead-Wanting Statements 

This information launch accommodates “forward-looking statements” that anticipate outcomes primarily based on our estimates, assumptions and plans which might be topic to uncertainty. These statements are made topic to the safe-harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements don’t relate strictly to historic or present details and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “doubtless,” “targets” and different phrases with comparable meanings. We imagine these statements are primarily based on affordable estimates, assumptions and plans. Nonetheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes may differ materially from these communicated in these forward-looking statements. Elements that might trigger precise outcomes to vary materially from these expressed in, or implied by, the forward-looking statements could also be present in our filings with the U.S. Securities and Change Fee, together with the “Danger Elements” part in our most up-to-date annual report on Kind 10-Okay. Ahead-looking statements are as of the date on which they’re made, and we assume no obligation to replace or revise any forward-looking assertion.

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