NU Online News Service, Oct. 12, 11:00 a.m. EDT
Cincinnati Insurance Companies and Selective Insurance Group collectively report close to $200 million in catastrophe losses for the third quarter of this year, a significant portion of which was cause by Hurricane Irene.
Cincinnati-based Cincinnati Financial Crop., says its property and casualty group, Cincinnati Insurance, expects its third-quarter results to include pre-tax catastrophe losses of approximately $88 million to $98 million.
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