Allstate is up 1.27% (and seems cheap at $24.74, The Travelers is up 3/4%, Chubb, with a large presence in the Northeast is up 1.64%.
Satellite data and measurements from the Hurricane Hunters show that Irene is weakening. A 9:21 am EDT center fix by an Air Force Reserve aircraft found that Irene's eyewall had collapsed, and the central pressure had risen to 946 mb from a low of 942 mb this morning.
The highest winds measured at their flight level of 10,000 feet were 125 mph, which would normally support classifying Irene as a Category 3 hurricane with 115 mph winds. However, these winds were not mixing down to the surface in the way we typically see with hurricanes, and the strongest surface winds seen by the aircraft with their SFMR instrument were just 90 mph in the storm's northeast eyewall.
Assuming the aircraft missed sampling the strongest winds of the hurricane, it's a good guess that Irene is a mid-strength Category 2 hurricane with 100 mph winds. Satellite imagery shows a distinctly lopsided appearance to Irene's cloud pattern, with not much heavy thunderstorm activity on the southwest side. This is due to moderate wind shear of 10 - 20 knots due to upper-level winds out of the southwest. This shear is disrupting Irene's circulation and has cut off upper-level outflow along the south side of the hurricane. No eye is visible in satellite loops, but the storm's size is certainly impressive.
Long range radar out of Wlimington, North Carolina, shows that the outermost spiral bands from Irene are now beginning to come ashore along the South Carolina/North Carolina border. Winds at buoy 41004 100 miles offshore from Charleston, SC increased to 36 mph as of 10 am, with significant wave heights of 18 feet....MORE