Allstate (ALL) Reports $140M February Catastrophe Losses

The Allstate Corporation (NYSE:ALL) is one of the 10 Top Stocks Fund Managers Are Loading Up On in 2026.

On March 19, 2026, The Allstate Corporation (NYSE:ALL) reported estimated catastrophe losses of $140 million for February 2026. This brings the total catastrophe losses for January and February, after tax, to $249 million. However, the monthly report also highlighted a 2.5% year-over-year growth in total policies in force, reaching 38.4 million. The primary contributors to growth were the auto and homeowners segments, which saw annual increases of 3% and 2.5%, respectively. The increase was offset by a decline in commercial lines.

Separately from this development, on March 19, 2026, KBW reiterated its Buy rating on The Allstate Corporation (NYSE:ALL). The firm’s analyst Meyer Shields kept a price target of $260 on the stock. As of March 31, 2026, 14 of 28 analysts following the company maintain their Buy rating on The Allstate Corporation (NYSE:ALL). The 1-year median price target from analysts stands at $246.50.

Founded in 1931, The Allstate Corporation (NYSE:ALL) is a leading American insurance company with headquarters in Illinois. The company specializes in providing auto, home, and life insurance through multiple distribution channels.

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