Hurricane Dennis, which whipped through four states causing wind damage and flooding two weeks ago in the South, will cost insurers $900 million in four states, the Insurance Services Office Inc. announced today.
The Jersey City, N.J.-based insurance industry product and services provider said Dennis caused much less damage than each of the four hurricanes that rocked Florida last year but nearly matched this year's second-quarter catastrophe loss of $920 million.
Dennis made landfall as a Category 3 hurricane on the five-point Saffir-Simpson scale, with sustained winds at 120 mph, on July 10. The hurricane landed just west of Pensacola, Fla., ISO said, and then moved farther inland to Alabama, Georgia and Mississippi.
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