Allstate Corporation reported an estimated $175 million in catastrophe losses for January 2026, primarily driven by Winter Storm Fern.
After tax, the estimated losses totaled $138 million.
The company also provided updated policy counts across its Allstate Protection segment as of January 31, 2026.
Total policies in force reached 38.26 million, representing a 2.2% increase compared to January 31, 2025, though essentially flat compared to December 31, 2025.
Auto policies in force totaled 25.48 million at the end of January, reflecting a 2.6% year-over-year increase but a slight 0.1% decline from the prior month. Homeowners’ policies reached 7.71 million, up 2.5% year over year and 0.2% sequentially. Other personal lines policies stood at 4.89 million, rising 0.6% from a year earlier but edging down 0.1% from December.
Commercial lines policies declined more notably, totaling 175,000, down 14.2% compared to January 2025 and 0.6% from the previous month. The release notes that policy counts are based on items rather than customers, meaning multi-vehicle households generate multiple policy counts. Lender-placed policies are excluded from the totals.
The January catastrophe loss estimate underscores the continued volatility associated with severe weather events, particularly during winter months. Winter Storm Fern contributed the majority of the losses, though the company did not provide a detailed geographic breakdown in the release.
The release also included standard forward-looking statement language, cautioning that actual results could differ from estimates due to various risks and uncertainties, including those detailed in its SEC filings.
Overall, while catastrophe losses impacted January results, Allstate’s policy growth in personal lines - particularly auto and homeowners - suggests continued expansion in core segments heading into 2026.
