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NU Online News Service, July 22, 3:45 p.m. EDT

With tornadoes last week in the Midwest and fires in Arizona this week, 2010 is shaping up to be a busy year disaster wise for insurers, with one incident already getting a catastrophe designation.

On June 17, Minnesota was hit with 39 tornadoes that resulted in three deaths and damage or destruction to hundreds of homes, businesses and vehicles in the state, according to the state’s Department of Public Safety.

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