Allstate says catastrophes cost insurer $253 million in July

Allstate, the largest publicly traded U.S. home and auto insurer, said that catastrophes in July probably cost $253 million pretax.

By Agnel Philip | August 18, 2016 at 08:25 AM

(Bloomberg) -- AllstateCorp., the largest publicly traded U.S. home and auto insurer,said that catastrophes in July probably cost $253 millionpretax.

The losses total $164 million after tax, the Northbrook,Illinois-based insurer said in a statement Thursday.

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