While catastrophe modelers say Tropical Storm Hanna should not be a "significant" loss event for property insurers, claims from the earlier Hurricane Gustav continue to pile up as the industry braces itself for yet another hit, with Hurricane Ike heading for the Texas coast as this edition went to press.
(For a progress report on damages from Hurricane Ike and earlier storms, check the NU Online News Service at www.propertyandcasualtyinsurancenews.com.
As for Gustav, while losses are still being tallied, the number of claims appears to be running into the tens of thousands.
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