Insurers List Record $27.3 Billion ?04 CAT Loss
NU Online News Service, Feb. 9, 12:36 p.m. EST?U.S. property-casualty insurers, after 22 catastrophic events last year, paid a record $27.3 billion for insured property losses to homeowners and businesses, Property Claim Services estimated.[@@]
Insurance Services Office in Jersey City, N.J., the PCS parent, said the figure surpassed losses from 2001 that included the Sept. 11 terrorist attack.
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