Allstate Announces August 2022 Implemented Auto Rates
15 Settembre 2022 - 2:41PM
Business Wire
The Allstate Corporation (NYSE: ALL) today announced implemented
auto rates for August 2022.
“Allstate continues to implement significant rate actions in the
second half of 2022 in response to inflationary increases to auto
insurance severities. During the month of August, the Allstate
brand implemented rate increases of 14.5% across 8 locations,
resulting in total Allstate brand insurance premium impact of 3.2%.
We have implemented 72 rate increases averaging approximately 10.3%
across 51 locations since the beginning of the year. Allstate brand
implemented auto rate increases totaled $777 million in the month
of August and $2.5 billion year-to-date,” said Jess Merten, Chief
Financial Officer of The Allstate Corporation. Our implemented auto
rate exhibit has been posted on allstateinvestors.com.
Financial information, including material announcements about
The Allstate Corporation, is routinely posted on
www.allstateinvestors.com.
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Al Scott Media Relations (847) 402-5600
Mark Nogal Investor Relations (847) 402-2800
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