NU Online News Service, Aug. 1, 11:40 a.m. EDT
Allstate Corp. says more than $2.3 billion in catastrophe losses drove a $620 million second-quarter loss.
Losses from more than 30 events, which include 25 wind and hailstorms, five tornadoes and several wildfires, accounted for 36.2 points to Allstate’s second-quarter combined ratio of 123.3.
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