📰 Curated Industry Article
This is a summary of a full article from a trusted healthcare and insurance publication. Click “Read Full Article” below to read the complete story.
The Allstate Corporation, a US personal property and casualty insurer, has estimated catastrophe losses of $682 million, or $539 million after tax, for July 2026.
The catastrophe loss estimate includes 23 events, with approximately 75% of the losses related to two wind and hail events.
Allstate’s July estimate is an increase from June’s figure of $563 million, or $445 million after tax.
Last month, Allstate also estimated total catastrophe losses for the second quarter of 2026 at $1.72 billion, or $1.36 billion after tax.
Year over year, estimated catastrophe losses for July 2025 were significantly lower at $184 million, or $145 million after tax, stemming from 19 wind and hail events.
Allstate also recently disclosed its results for the second quarter of 2026, with total revenues rising 11.8% year over year to $18.6 billion, while net income applicable to common shareholders increased 55.9% to $3.2 billion.
The post Allstate estimates $682m in cat losses for July appeared first on ReinsuranceNe.ws.
💡 What This Means For You
When health insurers adjust their offerings or pricing, the effects often show up gradually — a slightly higher premium at renewal, a narrower provider network. It’s worth reviewing your policy periodically rather than assuming it’s unchanged. Armfox Healthcare offers a free coverage review to help you spot these shifts before they become a surprise at the doctor’s office.
ARMFOX HEALTHCARE
Stay Informed. Protect Your Future.
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s protection.
📰 This article is sourced from a trusted healthcare and insurance industry publication. Armfox Healthcare shares this for informational purposes only. Always consult a licensed advisor for personalized guidance.