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September 20, 2004

Storms Force Investors to Weigh Insurers

With total insured losses from Hurricanes Charley, Frances and Ivan estimated at anywhere from $15 billion to $18 billion, and more storms fiercely brewing at sea, this is shaping up to be a difficult quarter for property and casualty insurers. But as terrible and costly as the damage has been, a number of mitigating factors suggest that the insurance industry will weather the season relatively well.

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Posted by Tom Troceen