NEW YORK -- The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance's profit climbed 65 percent for the year. St. Paul Travelers' earnings rose sixfold in the fourth quarter; American International Group's rose eightfold.
A year and a half after Hurricane Katrina devastated the Gulf Coast, profits at the nation's major property-casualty insurance companies soared - and are expected to be strong again in 2007, according to estimates by the A.M. Best Co. rating agency.
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Friday, June 1, 2007
Car Cheapest Insurance Woman
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