The Allstate Corporation announced that catastrophe results for July generated income of $334 million, pre-tax ($264 million, after-tax), as PG&E subrogation recoveries more than offset the impact of events in the month. As previously announced, PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) reached a settlement with Allstate and other insurance claimants arising… Continue reading Allstate Announces Impact of PG&E Recoveries and July 2020 Catastrophe Losses
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