Allstate Stock Rises 5% After Reporting August Catastrophe Losses Of $213 Mln

Core Viewpoint - The Allstate Corporation reported estimated catastrophe losses of $213 million in August, leading to a stock price increase of 4.85 percent to $206.82 [1] Group 1: Financial Performance - Estimated catastrophe losses for August were $213 million, or $168 million after-tax [1] - Losses were attributed to 10 events, with approximately 70 percent linked to three major wind and hail events [1] Group 2: Stock Performance - The stock opened at $199.00 and fluctuated between $198.18 and $207.02, closing at $206.82, up $9.57 from the previous close of $197.25 [1] - Trading volume was 846,122 shares, which is below the average of 1.54 million shares [2] - Allstate's stock trades within a 52-week range of $176.00 to $214.76 [2]