Allstate reports major catastrophe losses

Allstate also remains one of the largest US personal lines insurers. In 2024, it ranked as the second-largest writer of homeowners’ multiperil coverage with an 8.96% share of direct premiums written, behind State Farm Group’s 18.2%, according to BestLink data. In private passenger auto, Allstate ranked fourth with a 10.2% share, following State Farm (18.9%), Progressive (16.75%) and Berkshire Hathaway’s GEICO (11.63%).

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