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Katrina Could Cost Insurers Up to $30 Billion, Forecasters Say
National News • August 29, 2005
Oakland, Calif.-based EQECAT, Inc., Oakland, Calif., announced Sunday afternoon that based upon current information provided by the National Oceanic and Atmospheric Administration (NOAA) about ...
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Subject: Wow.
Bigger wow if ALL damage is 'up-to' $60 Billion.
(Insurers generally only account for 40-50% of all actual damage as being insured losses.)