ASBESTOS UPDATE: Allstate Posts $1.091-Bil. Reserves at March 31
The Allstate Corporation’s asbestos claims reserves were US$1.091 billion during the three months ended March 31, 2011, compared with US$1.1 billion during the 12 months ended Dec. 31, 2010.
About 61% and 60% of the total net asbestos and environmental reserves…