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Insurance Law News
7/24/2008 5:07:50 PM EST
LexisNexis Insurance Center Staff
Allstate 2Q profit plunges 98 percent

NEW YORK – (AP) Allstate Corp. on July 23 said that its profit plunged 98 percent, missing Wall Street's estimates, as the country's second-largest home and auto insurer recorded the highest level of second-quarter catastrophe losses in its 77-year history. Full version available to lexis.com subscribers.

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