Allstate Announces August Catastrophe Loss Estimate

The Allstate Corporation today announced $735 million, pre-tax, in estimated catastrophe losses for the month of August 2011, and $865 million, pre-tax, for the months of July and August 2011.

Published on September 16, 2011

August catastrophe losses comprised eight events, including Hurricane Irene. Hurricane Irene losses are currently estimated at $500 million, pre-tax.