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posted on Jan. 16, 2008
Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims, Says ISO's Property Claim Services Unit
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes - the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis by ISO's Property Claim Services Unit.
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