Allstate: $1B in hurricane payouts
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Allstate Corp., the second largest US home and auto insurer, warned Wednesday its third-quarter profits will fall well short of expectations due to more than $1 billion in hurricane-related payouts.
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Insured losses from Hurricane Jeanne are estimated at $6 billion to $8 billion, according to Eqecat Inc., a risk-modeling firm. The hurricane made landfall early Sunday at Hutchinson Island, on Florida&#39;s East
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By MICHELLE MILLHOLLON  The Blanco administration is creating an Internet money trail for the billions of dollars flowing into the state for hurricane recovery.
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Allstate Corp. ALL.N the second  largest home and auto insurer in the United States, on  Wednesday said profits fell largely because of hurricane  related damage claims.
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The Internal Revenue Service is putting out an all-points bulletin for Massachusetts taxpayers who are collectively owed $3 million in refunds - or an average of more than $1,000 each.
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WASHINGTON - The House pushed nearly $14.5 billion for hurricane victims and struggling farmers toward passage Saturday as lawmakers sought to shower money on Florida and other pivotal states in the upcoming elections.    After weeks of delay over everything from budget cuts to milk subsidies, House-Senate bargainers added the natural disaster aid to a $10 billion military construction measure...
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Allstate Corp. , the No. 2 U.S.  home and auto insurer, on Monday said potential losses stemming  from Hurricane Charley could hurt its current results.
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Swiss Re expects claims from four recent  hurricanes that have devastated parts of the United States and  one typhoon that hit Japan to total some $750 million, the  world's second-largest reinsurer said on Thursday.
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Allstate Corp. on Wednesday warned its third-quarter profit would be a fraction of Wall Street expectations after the insurance firm said it sees more than $1 billion in catastrophic losses from recent hurricanes.
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PUNTA GORDA, Fla. - Federal disaster assistance money started flowing to Hurricane Charley&#39;s victims and postal workers handed out mail Tuesday outside their damaged building, but hundreds of thousands still had no phones, no running ...
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Insurance claims for damage caused in the United States this year by four major hurricanes may reach $23 billion, surpassing payments on claims for 1992&#39;s Hurricane Andrew, an insurance industry group said on Friday.
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PROVIDENCE, Rhode Island  - The largest U.S. radio station owner has agreed in principle to pay $22 million to victims of a Rhode Island nightclub fire that killed more than 100 people, the latest in a string of settlements that total more than $70 million.
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FLORIDA was yesterday counting the cost of being hit by four hurricanes in six weeks, prompting recovery plans on a scale never before seen in the United States.
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Allstate Corp.  the second largest home and auto insurer in the United States, on Wednesday said profits fell largely because of hurricane related damage claims.
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An agreement to release $1.1 billion in federal aid to help tens of thousands of New Orleans-area homeowners elevate their homes against flooding appears near. But there's a big catch.
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NEW YORK - Insurance payments to victims of Hurricane Frances are expected to reach $4.4 billion, making it the fourth most costly storm in US history, an insurance industry group said Thursday.
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Insurance claims for damage caused in  the United States this year by four major hurricanes may reach  $23 billion, surpassing payments on claims for 1992's Hurricane  Andrew, an insurance industry group said on Friday.