ASBESTOS UPDATE: Allstate Posts $1.09-Bil. for Claims at June 30
The Allstate Corporation’s reserves for asbestos claims were US$1.09 billion as of June 30, 2011 and US$1.10 billion as of Dec. 31, 2010, net of reinsurance recoverables of US$529 million as of June 30, 2011 and US$555 million as of…