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Friday 16 November 2012

hurricanes which devastated the east coast

1 billion, or $1.53 a sh ar, of after(prenominal)-tax third-quarter earnings for Allstate Corp., leaving the restitution giant with earnings of ennead cents a share, the family said late yesterday." Francis personas the image of the hurricane wiping disclose homes in Florida to describe the devastation Allstate faced financially after the hurricane. The metaphor is particularly apt because the destruction of the metaphor touch both the homes in Florida and Allstate who insured the homes.

3. Many would consider the use of the hurricane metaphor insensitive because of the devastation to homes and people's lives in Florida. However, the metaphor is in force(p) in describing the financial effect of the hurricane on Allstate. The metaphor, because it is topical, is memorable to teachers and go out likely flip a greater effect on them. The metaphor also helps readers to understand that Allstate and other insurance companies are affected by instinctive disasters. Many people disjointed their homes and now Allstate bears much of the financial burden for repairing these homes.

4. If someone else were to read the article they would probably feel a bit slight sympathy toward the insurance company. The Wall Street Journal and the source Theo Francis do not focus on the homeowners as victims in this article. Instead, they focus on Allstate and the other insurance companies as victims of this natural disaster. Most news stories tend to appear to emotion and consequently want to represent those who lo


The insurer's announcement, which came a week ahead of the date it had scheduled to announce earnings, offers investors a pre experience of the pains's third-quarter earnings season, unrolling over the next few weeks. The Northbrook, Ill., company only reported the per-share earnings number, which works out to to the highest degree $63 million total.
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Allstate said it will report love results on Wednesday. In the year-earlier third quarter, Allstate had profit of $691 million, or 97 cents a share, and revenue of $8.1 billion.

Additionally, if someone else were reading this I reckon they would be surprised by some of the figures presented in the article. It is straining to imagine that Allstate will spend over $1.1 billion in insurance to policy holders. Many do not run across that the insurance operation is a big business industry commanding billions of dollars each year. Those reading the article may view Allstate as greedy or selfish for thinking of reworking their insurance policy in light of these recent events in Florida. It appears that the agency is motivated primarily by monetary concerns and less by interest in the well-being of others, as they may have the public believe.

Allstate also said it provided $311 million in roof to its Allstate Floridian units, which write the company's policies in Florida. Florida was the state hardest hit by this year's hurricanes, which are believed to have
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