Allstate (ALL) pegs its June losses from natural disasters at ~$300M. Combined with previously...

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

Allstate (ALL) pegs its June losses from natural disasters at ~$300M. Combined with previously announced losses from April and May, the insurer now estimates Q2 catastrophe costs of $2.3B before taxes, the largest disaster tally for the company since Hurricane Katrina struck the U.S. in 2005.