So far, this year's weather related losses have been marked by killer tornadoes, wild fires in Florida and California, flooding in the Mid-West and the first named storm of the season–not a good sign for insurers, said an industry representative.

"This sends a bit of an ominous note out that what was predicted in 2006 may in fact take place in 2007," observed Joseph J. Annotti, senior vice president of public affairs for Des Plaines, Ill.-based Property Casualty Insurers Association of America.

Noting the series of tornadoes that ripped through the Mid-West and predictions of a very active hurricane season, Mr. Annotti said these are strong indicators that insurers in 2007 may experience the heavy catastrophe losses they have feared. It could also prove that "2006 was an anomaly."

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