A Spurt In Calif. Water Claims Cost
NU Online News Service, June 5, 4:20 p.m. EST?ACalifornia insurance trade association said an examination of waterdamage claims data reveals "dramatic" increases that have costinsurers billions and squeezed the market for homeownerscoverage.
Losses "have increased dramatically in each of the past fiveyears," said the Insurance Information Network of California, basedin Los Angeles.
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