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HIT BY HURRICANE FLOYD, ALLSTATE'S EARNINGS MEET LOWERED EXPECTATIONS
[EVENING UPDATE, C Edition]
Chicago Tribune - Chicago, Ill.
Author: Reuters
Date: Oct 20, 1999
Start Page: 3
Section: NEWS
Text Word Count: 205
Abstract (Document Summary)

Allstate Corp. reported a sharp drop in third-quarter earnings, citing losses from Hurricane Floyd, increased reserves for old asbestos-related claims and low premium rates in its core auto and home insurance business.

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