Carriers’ shares dip after Ida pummels Louisiana
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Carriers’ shares dip after Ida pummels Louisiana

Jairo Ibarra
August 30, 2021
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Insurance stocks fell slightly on Monday after Hurricane Ida slammed into Louisiana, causing widespread damage to homes and commercial buildings and dealing a devastating blow to the region’s power grid.

While the market was in the green, with major indexes holding near-record highs reached last week, commercial insurers declined in Monday trading as damage assessments started to come in.

CNA

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Jairo Ibarra
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