Bad weather marks start of 2012Posted by RJ and Makay on Jan 17, 2012 |
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2012 is starting out much like last year for severe weather, which is worrisome to the Property Casualty insurance industry after paying out over $100 billion last year for natural disasters. Earthquakes in Japan and New Zealand accounted for more than half of the losses, and catastrophes such as the tornadoes that struck the Southern U.S. last spring were outside the norm.
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