Fitch Ratings says the insurance industry should be able tomanage losses from Hurricane Isaac, which, according to very earlyestimates, could range from $300 million to $7.5 billion.

State Farm and Allstate, which together control 39 percent ofthe homeowners market in the three most affected states (Louisiana,Mississippi and Alabama), according to SNL Financial figures, willlikely suffer the brunt of the insured losses.

Combining Homeowners with auto physical damage, commercial autoand commercial multiple peril (liability) insurance, the twoinsurers control 37 percent of the market in the three states.

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