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September 01, 2004

Insurers In The Path Of Hurricane Frances

Prudential Equity Group said potential damage from Hurricane Frances could leave property and casualty insurance companies exposed to losses, with Allstate at the top of the list. "Of the companies we cover, Allstate probably has the most dollar exposure to losses from Hurricane Frances, but the impact could be limited if the storm hits Florida due to protection from the Florida Hurricane Catastrophe Fund," Prudential said.

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Posted by Tom Troceen


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