ALL · 8-K · 20260805PR000117

Homeowners Insurance Profitability

ALLSTATE CORP · 2026-08-05 · Importance 54 · Surprise 40 · No source text

Allstate Protection Homeowners earned premiums increased 11.4% to $4.201 billion, while written premiums rose 8.1% to $4.752 billion. Underwriting income improved to a $226 million profit from a $76 million loss in the prior-year quarter. The recorded combined ratio improved 7.4 points to 94.6 because of higher average earned premiums and catastrophe losses that declined 12.8% to $1.408 billion. The underlying combined ratio worsened 2.9 points to 61.5 because of higher loss costs, while homeowners policies in force increased 2.9% to 7.819 million.

Key facts

• Allstate Protection homeowners underwriting profit was $226 million in the quarter compared to a loss of $76 million in the prior year quarter. source
• Allstate Protection homeowners premiums written were $4,752 million in the quarter, an 8.1% increase from $4,395 million in the prior year quarter. source
• Allstate Protection homeowners premiums earned were $4,201 million in the quarter, an 11.4% increase from $3,771 million in the prior year quarter. source
• Allstate Protection homeowners catastrophe losses were $1,408 million in the quarter, a 12.8% decrease from $1,614 million in the prior year quarter. source
• Allstate Protection homeowners recorded combined ratio was 94.6 in the quarter, 7.4 points below the second quarter of 2025. source
• Allstate brand homeowners insurance average gross written premium increased 5.8% compared to the prior year quarter. source

Impact estimates