April 19, 2012

Allstate Corporation (NYSE: ALL) Estimated $260 million Losses for Q1 2012

Allstate Corporation (NYSE: ALL) Estimated $260 million Losses for Q1 2012 - The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March 2012 of $190 million, pre-tax, and an estimated $260 million, pre-tax, for the first quarter of 2012. The first quarter catastrophe losses comprised 15 events at an estimated cost of $420 million, a result similar to first quarter 2011, partially offset by favorable reserve reestimates of prior year catastrophe losses.