Claims losses from Hurricane Gustav continue to grow as the insurance industry braces itself for another blow by the weekend when Hurricane Ike is expected to strike the Texas coast.
While claims dollars are still being tallied, the number of claims appears to be running into the thousands.
On Friday, Bloomington, Ill.-based State Farm, the number one personal lines insurer in the four states declared catastrophe losses by the Insurance Information Services' Property Claim Services, said it had received more than 23,000 homeowner and 2,800 auto claims.
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