Monday 1 August 2011

Allstate Swings To 2Q Loss As Catastrophe Losses Soar

Allstate Corp. (ALL) swung to a second-quarter loss as the company's bottom line took a sharp hit from a wave of severe storms that swept the nation this spring. Among publicly traded home and auto insurers, Allstate had the biggest exposure to a string of deadly tornadoes that plagued the country ...


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