People who didn’t know the late Susan B. Waters or have the opportunity to hear her speak really missed out on one of the leading lights of the insurance...
NORTHBROOK, Ill. -- Insurer Allstate said Thursday that catastrophe losses for October will total more than $150 million due to Superstorm Sandy.
The storm, which struck in late October, damaged homes, shorelines and left millions without power along the East Coast.
Allstate said that it will have a more specific catastrophe loss figure once losses from Sandy can be estimated.
A spokesman for Gov. Dannel P. Malloy said Thursday that the cost of damage to Connecticut businesses and homes by Superstorm Sandy is $360 million and climbing.
Shares of Allstate Corp., which is based in Northbrook, Ill., shed 14 cents to $38.20 in afternoon trading.