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posted on July 10, 2007
Report: Insurers to Pay Estimated $2.18 Billion in Second-Quarter Catastrophe Claims
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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