Allstate
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Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.
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Two Texan wind and hail events caused 70 percent of the insured damage.
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The insurer expects to complete its Florida placement later this quarter.
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Allstate beat EPS consensus while catastrophe claims almost doubled year over year.
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Sanders II ILS structure offers additional $300mn of aggregate limit available to Allstate