Twenty-three catastrophes in 2007 added up to a total loss for U.S. property-casualty insurers of $6.5 billion–one of the lowest years on record, said Property Claims Services.

The unit of the Jersey City, N.J.-based Insurance Services Office (ISO) said it was the eighth-lowest cost in a decade and the seventh-lowest frequency for the same period, according to a preliminary analysis.

PCS said it estimates that insurers paid 1.18 million claims for damage in 41 states resulting from 23 events that qualify as catastrophes by causing $25 million or more in insured losses and affecting a significant number of policyholders and insurers.

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