Property and casualty insurance stocks, such as Allstate (NYSE:ALL)-2.4% and Progressive (NYSE:PGR)-0.8%, largely faced modest selling pressure Wednesday, as the Hughes Fire in Los Angeles rapidly ...
Insurance companies have suffered losses of over Rs 4,000 crore in two natural disasters — Jammu & Kashmir floods and cyclone Hudhud in Andhra Pradesh and Orissa — that wreaked havoc in the last two ...
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