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Allstate Reports 13% Increase in Profits Due to Better Margins, Claims Costs

Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property/liability business and catastrophe losses fell. Net income climbed to $677 million, or $1.53 a share, …

The post Allstate Reports 13% Increase in Profits Due to Better Margins, Claims Costs appeared first on Claims Journal.

Source: Claims Journal