NU Online News Service
Third-quarter insured catastrophe losses for U.S. property-casualty insurers were $971 million--their third-lowest level in 10 years, the Insurance Services Office announced today.
The figures from the Jersey City, N.J.-based ISO's Property Claim Services Unit were reported as the results of seven catastrophes in 20 states. Last year, during the same period, PCS registered a record $48 billion insured loss for the industry.
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