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CrystalSamBall.jpgThe insurance industry led a charmed life in 2006, given the absence of any major hurricane. Peering into my crystal ball, however, I see some clouds on the horizon! Click on to read my predictions for the top-10 stories of 2007–and feel free to weigh in with picks of your own if you believe I’ve overlooked something.

#1: TRIA Renewed!This ones a no-brainer, especially with more sympathetic Democrats in control of Congress. However, the industry will be disappointed if they expect a permanent terrorism reinsurance backstop to be establishednot as long as President George W. Bush is in office. Expect a three-year extension to take it out of the presidential election cycle.

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