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The Dow Jones Industrial Average jumped 254 points on Monday. Has led to a wave of insurers after the tropical storm Irene has caused much less damage to many initially feared, the AP.

However, many traders find it difficult to get to work in Lower Manhattan still on vacation or the volume of trade - the number of shares purchased and sold - was the lowest since July 26.

Analysts lowered estimates of the amount of damage Irene would mean that insurance stocks soaring. According to AP Allstate Corp. rose 8.5 percent, increased by Hartford Financial Services Group Inc. 13 percent, and Travelers Cos. Inc. rose 5.1 percent

Kim Forrest Caughey, equity research analyst at Fort Pitt Capital Group, told AP, "The United States have more or less untouched by the hurricanes. The cleaning will not cost as much as expected. "

On Thursday, said Kinetic Analysis Corp., a consulting firm, the damage from the storm expected to reach $ 20 billion. By late afternoon Sunday, lowered the $ 7 billion, as the storm weakened.

Of the $ 7 billion insurance would probably cover up to $ 3 billion, which is less than $ 6 billion the industry paid after Hurricane Isabel hit the region in 2003.