Allstate Corp. on Wednesday reported a second-quarter loss of $1.01 billion, after reporting a profit in the same period a year earlier. The Northbrook, Illinois-based company said it had a loss of $3.81 per share. Losses, adjusted for non-recurring costs, were 76 cents per share. The results exceeded Wall Street expectations. The average estimate of… Continue reading Allstate Reports 2Q Loss of $1.01 Billion
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