Allstate Reports May Pretax Catastrophe Losses Of $1.4 Billion | ZeroHedge
Yikes! House and auto insurers piling up catastrophic losses this year due to a few large storms in a few states! Not sure if the local insurance rates will go up or the entire nation will go up, if the local regulator won't allow states rates to compensation for state locations weather events locally. .
More than inflation anyway. .