Allstate Corp., has announced that in the two month span between April and May, its catastrophe losses were greater than $2 billion. According to Allstate, which is the biggest publically traded home and auto insurance company in the United States, the losses within these two months matched that of their losses for the entire 2010 year – which totaled $2.21 billion. This was primarily the result of massive devastation due to severe thunderstorms and tornadoes. In fact, April and May 2011 have now become one of the worst two-month periods…
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