Hurricane Wilma==which by some estimates may have inflicted a$12 billion insured loss==will put financial pressure on insurersand reinsurers but not enough to badly damage carriers' credit,according to Moody's Investors Service.

In a new report, the New York-based rating firm said thatinsurers are much better prepared for Florida catastrophes thanother states, noting that carriers with business there have reducedexposure through exclusions, restrictions and increaseddeductibles.

In its report=="Hurricane Wilma: A Fast Moving Storm WithSignificant Impact to the Property & Casualty InsuranceIndustry"==Moody's also mentioned there is significant reinsurancecapacity through the state-run Florida Hurricane Catastrophe Fundthat backstops property insurers.

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