Allstate (ALL -0.4%) estimates catastrophe losses for October will exceed $150M, but cannot...

|About: Allstate Corporation (ALL)|By:, SA News Editor

Allstate (ALL -0.4%) estimates catastrophe losses for October will exceed $150M, but cannot issue a more specific estimate until losses from Sandy are further tallied. ALL's practice is to release an estimate of monthly catastrophe losses on the third Thursday of the month when the amount exceeds $150M.