Allstate Corp. (ALL) announced estimated catastrophe losses for the month of March 2013 of $198 million, pre-tax, and an estimated $359 million, pre-tax, for first quarter 2013.
Catastrophe losses occurring in the first quarter comprised nine events at an estimated cost of $391 million, pre-tax, partially offset by favorable reserve reestimates of prior year catastrophe losses. One severe weather event accounted for over half of the estimated loss for the quarter, the company said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.