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Best’s News & Research Service subscription required - July 21, 2022 02:33 PM (EDT)

Allstate: Second-Quarter Property Combined Ratio Likely Worsened 12.2 Points on Cat Losses, Inflation

Allstate Corp. said it incurred an estimated $1.1 billion in pretax catastrophe losses in the second quarter that combined with inflation is expected to worsen the projected property/liability . . .

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Inflation And Deflation Losses Catastrophes Property And Casualty Insurers

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