(Reuters) - Allstate Corp
, the largest publicly traded home and auto insurer in the United States, reported a higher-than-expected quarterly profit as it earned more premiums.
By Bernard Vaughan
(Reuters) - Home and auto insurer Allstate Corp
, considered to be one of the companies most exposed to insured losses from superstorm Sandy, said it expects October catastrophe losses to exceed $150 million though a full estimate cannot be made at this time.
La aseguradora estadounidense Allstate presentó una demanda el miércoles contra el banco JPMorgan Chase y sus filiales Washington Mutual y Bear Stearns, acusándolas de haberla engañado sobre la naturaleza de más de 750 millones de dólares de activos arriesgados que le compró.
NEW YORK (Reuters) - Allstate Corp
, the largest publicly traded U.S. home and auto insurer, swung to a profit on Wednesday from a year ago loss, helped by lower catastrophe and investment losses.
NEW YORK (Reuters) - Allstate Corp.
shares could be due to extend a recent rally, possibly climbing by another 60 percent, after the insurer cut back its risk and focused on auto and homeowners' policies, according to the latest issue of Barron's.
By Lilla Zuill