📉Insurer AIG predicts $3 billion in losses from catastrophes .
NEW YORK (AP) — American International Group expects to record insurance losses of roughly $3 billion during the third quarter from the recent hurricanes and earthquakes. AIG said Monday that it expects to record pre-tax catastrophe losses between $2.9 billion and $3.1 billion during the quarter because of damage it will have to cover from Hurricane Harvey, Hurricane Irma and the earthquakes that struck Mexico. seattlepi.com
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