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Allstate Corp. says it expects about $260 million in pre-tax catastrophe losses for the 2012 first quarter. The bulk of the loss was in March, says the Northbrook, Ill.—based insurer, estimating $190 million in pretax catastrophe losses during the last month of the first quarter.

Tornadoes have dominated the headlines and caused much of the insured catastrophe losses in the first quarter. March saw significant tornado events in Michigan, Indiana, and Kentucky.

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