UPDATE 2-Allstate tops profit estimates, says rates close to sustainable

Newswire

* 2nd-quarter oper earnings/share $1.12 vs est. $0.98 * Natural disaster losses down 21 percent By Neha Dimri and Aman Shah July 31 (Reuters) - Home and auto insurer Allstate Corp's quarterly profit handily beat analysts' estimates, and the company said it had raised prices close to a sustainable level in the last two years. The largest publicly traded home and auto insurer in the United States has been raising rates in its ...

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