Shefi Ben-Hutta
Editor at Coverager
Allstate

Allstate Announces March and Q1 2017 Catastrophe Loss Estimate

Allstate’s catastrophe losses in Q1 2017 comprise of 28 events at an estimated cost of $777 million. One severe hail event, primarily affecting the state of Texas in March, accounted for over one-third of the catastrophe losses for the quarter. This Allstate.

 

Bottom Line: Progressive is in a better state.

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