NU Online News Service, March 23, 11:30 a.m. EDT

The city of Perth in Australia has sustained major damage from a severe storm which the Insurance Council of Australia declared an insurance catastrophe, Guy Carpenter reported.

At this point, the Council said it is too early to place an estimate on the cost or the number of claims from the storm, which hit the city and its suburbs yesterday with winds up to 75 mph causing damage to buildings and vehicles and cutting power to tens of thousands of homes.

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