NORTHBROOK, Sick., Might 13, 2025 – Allstate Chief Claims Officer Mike Fiato testified earlier than the U.S. Senate at present on how Allstate helps prospects get well from sudden losses. He highlighted the corporate’s proactive claims response and dedication to serving to prospects rebuild from more and more damaging extreme climate occasions.
“Allstate’s group of 23,000 claims professionals serve 8.4 million buyer claims annually. In 2024, the corporate offered over $37 billion to prospects, together with $4.6 billion tied to 132 catastrophes,” stated Fiato. “Allstate mobilizes 1000’s of individuals after disasters to serve prospects by organizing shelter, offering clothes and distributing cash to assist them start rebuilding their lives. Allstate prospects impacted by January’s California wildfires have obtained $945 million.”
One in 10 American households rely upon Allstate to guard considered one of their Most worthy belongings with inexpensive, easy and related insurance coverage. Over the past 5 years, Allstate has paid over $20 billion to assist prospects rebuild following extreme climate occasions.
“American insurers put prospects first day-after-day, offering steerage and well timed funds after they’re wanted most,” stated Neil Alldredge, President and CEO of the Nationwide Affiliation of Mutual Insurance coverage Corporations. “The swift response to the latest California wildfires and Hurricanes Helene and Milton present how dedicated carriers are to serving to folks get well and rebuild as shortly as attainable.”
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