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HIT BY HURRICANE FLOYD, ALLSTATE'S EARNINGS MEET LOWERED EXPECTATIONS
[EVENING UPDATE, C Edition]
Chicago Tribune
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Chicago, Ill.
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. Reproduced with permission of the copyright owner. Further reproduction or distribution is prohibited without permission.
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