(Bloomberg) -- Allstate Corp., the largest publicly traded U.S. home and auto insurer, said that catastrophes in July probably cost $253 million pretax.
The losses total $164 million after tax, the Northbrook, Illinois-based insurer said in a statement Thursday.
Related:
Allstate fourth-quarter profit declines 41% as auto claims rise
Allstate CEO seeks dealmaker to oversee $79 billion portfolio
Harris Poll names top auto and home insurance brands for 2016
Copyright 2018 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.