Tag Archives: disaster

Allstate suffers loss after catastrophic payouts

Insurance giant Allstate (NYSE:ALL) was hammered by natural disaster claims during its second quarter which forced the company to report a $620 million loss for the three month period.

The company said it lost $620 million during the period, or …

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Toyota to delay models of Prius until mid-2012

Trouble Stricken Toyota Motors announced on friday that buyer will have to be patient and wait until April of next year for the deliveries of its latest Toyota Prius as shortages for new battery have added to the long production …

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AIG suffers losses from bailout repayment and disaster payments in 1Q

American International Group (NYSE:AIG) stated thursday that repayment of the bailout funds that it received and losses from insurances paid out to Japan following the devastating earthquake and Tsunami that ravaged through the country last month caused the insurance company …

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