Hurricanes Decrease Insurers' Third Quarter
NU Online News Service, Sept. 30, 4:14 p.m. EDT?The Hartford said third-quarter earnings would fall 46 cents a share below analysts' estimates following multiple hurricane losses in Florida amounting to $198 million.[@@]
Three other insurers?American Financial Group in Cincinnati, EMC Insurance Group Inc. in Des Moines, Iowa, and Penn American Group of Hatboro, Pa.?also said the storm would impact their share prices.
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