News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
German insurer Allianz SE saw third quarter profits sag $350 million from $1.73 billion the year before because of investment losses and Greek bond writedowns from Europe's debt crisis.
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