# ISO: Insurers Pay A Record $27.3B In 2004 Cat Losses

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U.S. property/casualty insurers paid a record $27.3 billion dollars for insured property losses to both homeowners and businesses for the 22 catastrophic events that occurred last year.  Over 80 percent of the insured losses were from the 5 hurricanes that struck the Atlantic and Gulf coasts in the southeastern United States.

Sources:
- Insurance Journal (http://www.insurancejournal.com/news/national/2005/02/09/51080.htm)