Allstate (ALL) Reports $184M July Catastrophe Losses

The Allstate Corporation (NYSE:ALL) is one of the best very cheap stocks to buy according to hedge funds. On August 21, the company provided the July 2025 monthly release, where it reported catastrophe losses totaling $184 million (pre-tax) or $145 million (after-tax) for the month. The losses resulted from 19 separate wind and hail events across the United States.

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Compared to the same month last year, catastrophe losses have decreased significantly (July 2024 losses reached $587 million). For the current annual aggregate period, beginning April 1, 2025, pre-tax catastrophe losses total $2.174 billion, including the July figure. Alongside the catastrophe loss report, Allstate provided an update on its policies in force as of July 31, 2025. Homeowners policies increased by 2.2% year-over-year to 7.6 million. Auto policies saw a slight year-over-year increase of 0.6%, reaching 25.2 million. While Commercial lines policies continued a downward trend, decreasing by 32% compared to the prior year.

The Allstate Corporation (NYSE:ALL) is an insurance company. It provides auto, home, life, and commercial insurance products to approximately 16 million households across the United States and Canada. The company operates through a network of exclusive agents, independent agencies, call centers, and digital platforms.

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Disclosure: None. This article is originally published at Insider Monkey.