Allstate Reports $1.4B Catastrophe Loss In May 2024.
Portfolio Pulse from Benzinga Newsdesk
Allstate Corporation reported a $1.4 billion catastrophe loss for May 2024, which could impact its financial performance and stock price.
June 20, 2024 | 12:31 pm
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Allstate Corporation reported a $1.4 billion catastrophe loss for May 2024, which is likely to negatively impact its financial performance and stock price in the short term.
The significant catastrophe loss of $1.4 billion is expected to negatively affect Allstate's financial performance, leading to a potential decline in its stock price in the short term.
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