US. property/casualty insurers are ...

US. property/casualty insurers are count uponed to pay between $6.8 billion and $74 billion for insured characteristic losses from Hurricane Charley, according to industry estimates. Initially, the Insurance Information Institute place Charley's price tag at $74 billion; subsequently the goods Claim Services unit of Insurance Services Office Inc. reported the lower los estimate.

State Farm and Allstate Corp. are the top sum of two units homeowners insurers in Florida. State Farm estimates it will pay $13 billion in claims from Hurricane Charley, the highest dollar