Allstate Puts September 2026 Catastrophe Losses at $220 Million

Allstate estimated $220 million in catastrophe losses for September 2026 before tax and $173 million after tax. Its third-quarter estimate was $1.65 billion before tax and $1.30 billion after tax.

September’s estimate was below August’s $748 million before tax and $591 million after tax. It was above the September 2025 estimate of $161 million before tax and $128 million after tax. Estimated catastrophe losses for the third quarter of 2025 were $558 million before tax and $441 million after tax.

The 2026 Atlantic hurricane season was forecast to have a 75% chance of below-normal activity, with seven to 13 named storms and two to six hurricanes. The season runs from June 1 through Nov. 30.