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WASHINGTON–A new study shows that adding windstorm coverage to the National Flood Insurance Program could raise the program’s potential deficit astronomically, an insurance group warned Congress.

In advance of a House Financial Services Committee hearing on all-perils legislation scheduled for Tuesday, the American Insurance Association released findings by the Towers Perrin consulting firm that in some scenarios “deficits from catastrophic wind events in a single year could be $100 billion to $200 billion, or potentially even higher.”

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