Allstate Announces $0.3B June Catastrophe Loss Estimate

The Allstate Corporation ALL today announced $0.3 billion, pre-tax, in estimated catastrophe losses for the month of June 2011. June catastrophe losses comprised 13 events. Allstate previously announced $2.0 billion in estimated pre-tax catastrophe losses for the months of April and May 2011, bringing estimated catastrophe losses for the second quarter 2011 to approximately $2.3 billion, pre-tax. This announcement is made as part of Allstate's previously announced plan to release month and quarter-to-date catastrophe losses when a monthly estimate exceeds $150 million.