Cinti Financial adds to payouts
Cincinnati Financial Corp. has added $5 million to its estimate of catastrophic insurance claim payouts in 2004.
The Fairfield-based insurer said Monday that it expects to pay $8 million in claim checks to victims of Hurricane Jeanne in Florida and Georgia. The company also firmed up its estimated losses for previous hurricanes and windstorms and raised its full-year loss estimate to $141 million, up from $136 million Sept. 30. The company had based its profit target for the year on losses of $90 million to $100 million. Cincinnati Financial shares rose 13 cents Monday to close at $40.66.
James McNair
Art advocates honor Lafley
Procter & Gamble Co. chairman A.G. Lafley will receive an award for Corporate Citizenship in the Arts Wednesday in New York from the advocacy group Americans for the Arts. Lafley was chairman of the Fine Arts Fund here last year and will accept the award on behalf of P&G. The National Arts Awards recognize artists and arts supporters who exhibit leadership and whose work demonstrates artistic achievement.
Cliff Peale
Cintas Corp. makes 'A-List'
Forbes magazine has listed Mason-based Cintas Corp. among the world's 400 "most attractive big public companies for investors." The recognition, in Forbes annual "A-List" of top-performing companies, marks the sixth consecutive year Cintas has made the list. The announcement follows the company's 35th consecutive year of growth in sales and earnings - an honor surpassed by only one other public company: Wal-Mart.
Enquirer staff