Allstate reported estimated catastrophe losses for the month of May at $885 million, or $699 million after tax.

May month catastrophe losses include 12 events estimated at $893 million, with approximately 70 percent of the losses related to two wind and hail events, partially offset by favorable reserve re-estimates for prior events. Total catastrophe losses for April and May were $1.68 billion pre-tax.

Allstate continued its implementation of auto rate increases of 9.3 percent across 15 locations, resulting in total brand premium impact of 1.6 percent.

“Allstate continued to implement significant auto insurance rate actions as part of our comprehensive plan to improve profitability. Since the beginning of the year, rate increases for Allstate brand auto insurance have resulted in a premium impact of 4.9 percent, which are expected to raise annualized written premiums by approximately $1.28 billion,” said Jess Merten, chief financial officer of The Allstate Corporation.

The news comes on the heels of the insurer’s announcement to halt new homeowners policies in California and Florida.