Allstate Corp. is leading property and casualty insurers to the best start since 2003 amid a decline in tornadoes and forecasts for fewer major hurricanes.
Twisters killed six people from April 1 to May 28, compared with 541 deaths in the two months last year, the U.S. National Weather Service said. Insured losses from severe weather in the U.S. were about $1 billion last month, lagging behind losses of roughly $16 billion from tornadoes and other severe weather in April and May of last year, broker Aon Plc estimated.
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