Gallery: PICS: Property Damage From Irene Could Hit $7 Billion

image © Amanda Silvana Coen for Inhabitat
According to the New York Times: "The A. M. Best Company, which rates the financial strength of insurers, called the level of natural disasters this year “unprecedented” in a report on the American insurance industry issued last week. The company, based in New Jersey, said disaster-related losses this year had already exceeded the total for all of 2010."

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