P&C insurance firms are taking a hit as Hurricane Irene is shaping up to be a storm of...

|By:, SA News Editor

P&C insurance firms are taking a hit as Hurricane Irene is shaping up to be a storm of biblical proportions. Chubb CB -3.7%, Allstate ALL -3.6%, Berkshire BRK.A -2.6%. Gov. Christie of New Jersey declares a state of emergency with a (so far) voluntary request for folks to leave shore areas.