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With rescue operations coming to a close and recovery efforts underway all along the battered Gulf Coast, experts are still unsure as to what the insured damages from Hurricane Katrina will be. Assessments given to this point are no more than best guesses, as the Insurance Information Institute states that the size of losses will be unknown for some time. Many experts agree, however, that the damage done by Katrina will represent the largest insured losses ever in the United States.

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