TITLE

P&C Insurers' Income Jumped 28% Through September

AUTHOR(S)
Fine, Jacob
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. property and casualty insurance companies' net income has surged to $26.7 billion during the first nine months of 2004 compared to the same period last year. The increase has been reported despite the four major hurricanes that swept through the Southeast during the third quarter. While Florida insurers including a large Allstate Corp., subsidiary based in the state has reported some selling of municipal bonds due to the heavy storm season; such activity was limited due to their strong financial position.
ACCESSION #
15458119

 

Related Articles

  • You're in good hands with Allstate stock.  // Dow Theory Forecasts;3/28/2005, Vol. 61 Issue 13, p8 

    Reports on the stock and financial performance of the U.S.-based property-casualty insurance firm, Allstate. Corporate profile; Business operations; Corporate profits; Stock prices.

  • Allstate streamlines totals process. Johnson, Mark // Automotive Body Repair News;Jun2005, Vol. 44 Issue 6, p22 

    This article reports that Allstate Insurance Corp. is making it easier to total vehicles. The insurance company has begun a new plan to streamline its claims process to eliminate several steps in the total loss decision-making process. The goal, the company says, is to reduce the time it takes...

  • Allstate looks for gains from broad strategy. Daniels, Steve // Crain's Chicago Business;5/27/2002, Vol. 25 Issue 21, p52 

    Reports the condition of insurer Allstate Corp. in Chicago, Illinois. Transformation into a broad-based provider of financial services pays off; Decision to increase rate in homeowners and automobile insurance lines; Initiative to sell life insurance, annuities and mutual funds.

  • Stock Report. Hogue, Robert D. // Insurance Advocate;06/12/99, Vol. 110 Issue 24, p36 

    Looks at the market performance of Allstate Corp. in 1998. Merger talks between Allstate and CNA; Investments of the company in computer systems; Origin and focus of Allstate; Overview of the insurance industry in the United States.

  • Allstate Tackles Transformation. Bowers, Barbara // Best's Review;Jan2001, Vol. 101 Issue 9, p35 

    Focuses on the revised business model implemented by automobile and homeowners insurance company, Allstate. Blending of use of the Internet and toll-free number service with the company's agent force; Expected cuts on expenditures by the end of 2000; Reduction of agent force.

  • Allstate Said To Be Acquisition-Minded. Thomas, Trevor // National Underwriter / Life & Health Financial Services;5/10/99, Vol. 103 Issue 19, p47 

    Focuses on Allstate Corporation's effort to boost income through acquisition of another insurance company. Information on the financial standing of Allstate in 1998; Views of analyst regarding Allstate's financial performance in 1998.

  • Shifting Into Higher Gear. Bowers, Barbara // Best's Review / Property-Casualty Insurance Edition;Jul99, Vol. 100 Issue 3, p24 

    Features insurance company Allstate Insurance Co. Financial performance in the year 1998.

  • Allstate system streamlines finances. Green, Meg // Best's Review;Feb2000, Vol. 100 Issue 10, p141 

    Reports on Allstate Insurance Co.'s streamlining of its finances. Savings of the company from the computer system; Tracking of the sale of life products.

  • Allstate is best-known insurer. Bowers // Best's Review / Property-Casualty Insurance Edition;Oct99, Vol. 100 Issue 6, p114 

    Reports that Allstate Corp. is the strongest marketing brand among publicly traded insurance companies in the United States, according to a survey by Corporate Branding. Details of the survey.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics