Allstate (ALL) Reports $253M of Pretax Catastrophe Losses for July 2016

August 18, 2016 8:22 AM EDT

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The Allstate Corporation (NYSE: ALL) announced estimated catastrophe losses for the month of July 2016 of $253 million, pre-tax ($164 million after-tax). Catastrophe losses occurring in July comprised 16 events at an estimated cost of $269 million, pre-tax, partially offset by favorable reserve reestimates of prior reported catastrophe losses.

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