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Insured losses from Hurricane Rita are estimated to be $4.7 billion, making it the ninth-worst event in U.S. history, according to the Insurance Services Office Property Claim Services division.

Unlike modelers, ISO’s figures are based on a survey of insurers who say they expect 400,000 claims from policyholders in the devastated areas. The claims will consist of damage to personal and commercial property, autos, boats and yachts.

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