Allstate doubles hurricane-relief commitment

Allstate doubles hurricane-relief commitment | Insurance Business

Allstate doubles hurricane-relief commitment
Allstate and the Allstate Foundation will give $3 million to assist people impacted by hurricanes Harvey and Irma. The amount doubles Allstate’s original investment to support Harvey recovery.

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The new $3-million fund includes:
  • Matching contributions: The Allstate Foundation will match employee and agency donations to the American Red Cross and Feeding America up to $500,000.
  • Youth empowerment: Students involved in WE Schools programs, which encourage volunteering, will have their fundraising activities matched dollar for dollar up to $250,000.
  • Public education: Allstate will hold education sessions in Texas and Florida to provide information on making insurance claims and to take advantage of government support programs.
  • Nonprofit organizations: The Allstate Foundation will expand its partnership with Allstate agencies in hurricane-impacted areas to award grants directly to local social-service organizations.
Insurers have estimated that total insured losses from Harvey and Irma could hit $70 billion.

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