Allstate 3Q Income More Than Doubles

By Susanne Sclafane

NU Online News Service, Oct. 16, 4:32 p.m. EDT?In spite of a $442 million strengthening of asbestos reserves and third-quarter catastrophe levels that were the worst for the company since Hurricane Andrew, Allstate reported a net income jump of 179 percent over last year's third quarter.

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