Allstate Canada says water damage claims from external flooding nearly doubled in 2025
Allstate Corporation (The) (ALL)
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Source: GlobeNewswire
TORONTO, Feb. 23, 2026 (GLOBE NEWSWIRE) -- New data from Allstate Insurance Company of Canada (Allstate Canada) revealed a sharp rise in water-related home insurance claims for 2025, as well as a concerning gap between risk awareness and prevention. Allstate Canada home insurance claims due to external water sources, including heavy rain, overland flooding and sewer back-up, nearly doubled (increased 94 per cent) in 2025 compared to the previous year. Damage due to water originating from outside the home accounted for nearly a quarter (24 per cent) of all home insurance claims in 2025. Looking longer term, water damage represented more than 40 per cent of all home insurance claims between 2021 and 2025, with external water sources responsible for nearly one-third (31 per cent) of all water-related claims during that period. While flooding continues to be a risk to Canadian homes, the results of a Léger survey conducted on behalf of Allstate Canada show that: More than half of Can
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- Allstate announces preferred dividends payable April 15, 2026PR Newswire
ALL
Earnings
- 2/4/26 - Beat
ALL
Sec Filings
- 2/25/26 - Form 144
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- ALL's page on the SEC website