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Hurricane Dennis caused an estimated $947 million in damages, according to Florida’s Office of Insurance Regulation, and forecasters now say the likelihood is even greater for more hurricanes.

Even as forecasters in London and with the U.S. National Oceanographic and Atmospheric Administration in Silver Springs, Md., revised their predictions tropical storm Harvey became the eighth named storm of the season and this morning was moving off the coast of Bermuda with 65 mile-per-hour winds.

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