Insurers today were rounding up an army of adjusters to assess damage in three states from Hurricane Dennis, which some estimates put in the multibillion-dollar class.

The fourth named storm out of the Atlantic this year, Dennis hit the U.S. Gulf Coast late yesterday afternoon with the center of the storm landing near Pensacola, Fla., with sustained winds of 120 mph.

No deaths have been reported but flooding and structural damage was noted in several areas of Florida. Both Florida and Alabama reported power outages and fallen tree limbs. Officials in Florida, Alabama and Mississippi busy assessing the damage yesterday had no figures readily available.

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