NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June of $195 million or $154 million, after-tax. Catastrophe losses for the second quarter totaled $752 million, after-tax.
Catastrophe losses in June comprised 11 events at an estimated cost of $178 million plus unfavorable prior period reserve estimates. Three large wind, hail and rain events, primarily impacting the Midwest, accounted for approximately 70% of June estimated catastrophe losses.
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