NU Online News Service, Sept. 23, 12:09 p.m. EDT
Catastrophe modeler AIR Worldwide says it expects between $150 million and $600 million in insured losses from Typhoon Roke, which crossed over Japan's main island, Honshu, earlier this week.
AIR says the estimate is similar to its estimate for Typhoon Talas, but the firm says the storms are different from a meteorological perspective. Losses from Roke, AIR notes, are mitigated by how quickly the storm moved over Honshu, passing across the island in just 12 hours.
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