North Carolina Gov. Beverly Perdue is making a no-interest state loan available to repair two schools and other public buildings in Tyrrell and Pamlico counties damaged during Hurricane Irene last August. Perdue authorized state money from a repair and renovation …
An insurance industry service that tracks catastrophe losses has sharply raised its estimates for August’s Hurricane Irene, projecting insured property damage of $4.3 billion from the first hurricane to hit the United States in three years. Property Claim Services, which …
Allstate Corp. suffered nearly $1.1 billion in catastrophe losses in the third quarter, the country’s largest publicly traded home and auto insurer said Thursday. That is half of what Allstate lost in the second quarter, when parts of the United …
Travelers Companies reported a $333 million net profit after taxes for the third quarter, down from $1.05 billion in the third quarter last year. Hurricane Irene and weaker investment returns hurt results. Its pre-tax losses from catastrophes in the quarter …
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of Emergency Management provided the total to senators Wednesday …
Allstate Corp. lost $500 million on Hurricane Irene, the largest publicly traded home and auto insurer in the United States said Thursday, much less than it lost from tornadoes earlier this year. In total, Allstate said its July and August …
Insurer Hartford Financial Services Group warned Monday that its third-quarter catastrophe losses would be substantially higher than a year earlier, mostly as a result of last month’s Hurricane Irene. The Hartford, in a slide presentation for a Barclays Capital conference, …
