And the cats just keep on coming.
As I write this, Japan has announced its nuclear woes arising from the March tsunami are now on the level of severity with Chernobyl. Closer to home, spring storms have ripped through Iowa and other areas of the Midwest, leaving behind thousands of claims.
Pundits at Allianz are calling the first quarter of 2011 the “freak quarter,” with costly floods and a cyclone in Australia, an earthquake in Christchurch, New Zealand, and March's devastating earthquake and tsunami in Japan.
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