Allstate Corp’s quarterly profit fell 45 percent on losses from Superstorm Sandy, but the home and auto insurer said it has paid out about 95 percent of Sandy claims and is seeing rate increases across businesses. The largest publicly traded …
Chevron Corp has paid $10 million in claims stemming from the Aug. 6 crude unit fire at its 245,000-barrels-per-day refinery in Richmond, Calif., the company said. So far, 23,900 claims have been made due to the blaze that sent a …
New Zealand’s EQC has paid out more than $4 billion for Canterbury earthquake damage, including $870 million spent on house repairs. EQC’s Chief Executive, Ian Simpson, says he expects that the rate of payments and claim settlements will escalate because …