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P-C Sector Loss $1.22 Billion For Quarter

PCS said while the damage from this harsh weather outbreak cost insurers more than $450 million, a more serious impact was the loss of life associated with the severe tornado activity in areas such as

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Property-casualty insurers’ first-quarter catastrophe losses, impacted by severe tornadoes in several southern states, exceeded $1.2 billion, according to Property Claim Services.

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