Allstate: $330 Million Fire Loss Impacts Earnings
NU Online News Service, Nov. 14, 12:05 p.m. EST? Northbrook, Ill.-based Allstate Corp. said it estimates losses from California's catastrophic wildfires will cost it between $290 million and $330 million and will affect earnings.
The company said its after-tax loss would amount to $190-to-$215 million, or between 27 and 30 cents per share.
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