ALL Allstate Corporation

By Colin Kellaher

Allstate Corp. (ALL) on Thursday said it estimates October pretax catastrophe losses totaled $237 million, or $187 million after taxes.

The Northbrook, Ill., insurance company said the losses stemmed from 12 events, with roughly 60% resulting from one severe weather incident that mainly affected Texas.

Allstate in late October said pretax catastrophe losses totaled $2.26 billion for the first nine months of the year.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

November 21, 2019 09:04 ET (14:04 GMT)

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