Home   |   Alfa Insurance   |   Alfa Health   |   Alfa Dental   |   Alfa Realty   |   County Federations    
ALFA Farmers
ABOUT US PUBLICATIONS AGRICULTURAL RESOURCES COMMODITIES PROGRAMS NEWS & EVENTS BENEFITS & MEMBERSHIP
-> Headlines
-> Video News
-> Country Kitchen
-> Photo Galleries
-> Events

Headlines

More Headlines...
May 29, 2002   Email to Friend 

ALFA CORPORATION ESTIMATES STORM LOSSES
Stepehen G. Rutledge
334-288-3900
May 29, 2002

The Alfa Insurance Group and Alfa Corporation (Nasdaq/NM:ALFA) today announced a preliminary estimate of losses from a storm system that passed through Alabama April 28 through April 30, 2002, creating claims that are estimated to be approximately $7.5 million for the Alfa Group. The impact of these claims, after reinsurance and taxes, on Alfa Corporation's second quarter earnings should be approximately $0.08 per diluted share.

Commenting on the announcement, Alfa's chairman, President and Chief Executive Officer, Jerry A. Newby, said, "Our claims adjusters have been out in the field and, as always, have done an excellent job settling these claims as soon as possible. We take great pride in our customer service, especially when our policyholders have had a personal loss."

Alfa Corporation is engaged in insurance and financial activities through its subsidiaries. The common stock of Alfa Corporation is traded on Nasdaq Stock Market's National Market under the symbol ALFA.




  Email to Friend More Headlines...  


e-News Sign Up | Site Map | Weather | Contact us RSS logo RSS Feed Twitter logo Follow us Facebook logo Become a Fan
© Copyright 2003 - 2010 Alabama Farmers Federation.
All Rights Reserved.