Report: Insurers to Pay Estimated $2.18 Billion in Second-Quarter Catastrophe Claims

Wednesday, July 11th, 2007 Catastrophe Property Risk Management

U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from a total of six catastrophes in 25 states — tying the record for the second-lowest number of catastrophes in a second quarter in the past ten years, according to preliminary analysis by ISO’s Property Claim Services unit.

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http://www.namic.org/topnews/070710st1.asp

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