Hurricane Ike’s target zone includes properties along the Texas coast with insured value of over $890 billion, according to one catastrophe modeler, but the extent of insured losses will greatly depend on just where the storm lands.

Boston-based AIR Worldwide said today that in a recent report titled “The Coastline at Risk,” it estimates the insured value of residential and commercial properties in coastal counties of Texas exceeds $890 billion. However, AIR went on to say, the distribution of these exposures is far from uniform.

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