NEW YORK (Reuters) - Allstate Corp , the largest publicly traded U.S. home and auto insurer, said on Thursday it suffered $1.4 billion in catastrophe losses from April tornadoes and said it will now make a regular practice of releasing those loss figures.
The change in stance is likely to comfort analysts, who pressured the company earlier this year for more disclosure on its exposure to disasters.
The April loss is substantial -- roughly equal to Allstate's total catastrophe losses for the second quarters of 2010 and 2009 combined. With the worst part of tornado season yet to begin, that figure could rise.
In a statement, the company said it experienced 13 loss events in the month in the United States and Canada, with the worst being a tornado outbreak in the southern states in the last week of the month.
More than 100,000 claims have been filed to date, the company said.
(Reporting by Ben Berkowitz, editing by Gerald E. McCormick)
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