CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Allstate Reports Auto Physical Damage Loss Cost Increases Widespread Across U.S.

Allstate Reports Auto Physical Damage Loss Cost Increases Widespread Across U.S.

July 22, 2022 By CollisionWeek Editor

Implements Allstate brand auto insurance rate increases of approximately 8.3% since fourth quarter of 2021.

The Allstate Corporation (NYSE: ALL) estimated catastrophe losses for the month of June totaled $356 million or $281 million, after-tax. June catastrophe losses included 10 events, primarily wind and hail in the Midwest, estimated at $315 million, plus unfavorable reserve reestimates for prior period events. Catastrophe losses for the second quarter totaled $1.11 billion, pre-tax.

Inflationary trends continue to adversely impact current and prior report year claim severity and loss reserve estimates. As a result, unfavorable non-catastrophe prior year reserve reestimates totaled $408 million in

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Allstate, Combined Ratio, Premiums

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference ASE Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • AAA Forecasts Record 45 Million Memorial Day Travelers May 21, 2026
  • MEMA Aftermarket Suppliers Says REPAIR Act Provisions Dropped from House Highway Bill Markup May 21, 2026
  • NABC and IIHS Train More Than 75 First Responders on Modern Vehicle Extrication May 21, 2026
  • CAPA Elects Crash Champions’ Dustin Harrier to Technical Committee May 21, 2026
  • Rivian Approves Hunter’s ADAS Alignment and Calibration System May 21, 2026
  • Manheim Used Vehicle Value Index Edges Higher in Mid-May May 20, 2026
  • Stellantis and JLR Sign MOU to Explore U.S. Product Development Collaboration May 20, 2026

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in