Hurricane Helene’s devastating impact on the US has resulted in significant financial losses for major insurance companies. Allstate reported $630 million in losses related to the storm, while other insurers like Progressive and Travelers also saw substantial increases in their catastrophe claims. The combined insured losses from Helene and Milton are estimated to be between $35 billion and $55 billion, with Florida insurers facing over $100 billion in losses for the fifth year in a row.