Property Casualty Stocks Can Raise Rates, Jim Cramer Says

Navigating the damage from Hurricane Harvey.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said the property casualty stocks can raise rates amid the damage from Hurricane Harvey. 

"It's an ongoing tragedy - we don't know when it's going to end," Cramer said, adding that his worst case scenario for damage costs of $100 billion could play out. 

Allstate (ALL) - Get Report shares rose 0.8% on Tuesday.

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