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During 1990–1996 the United States experienced record-setting insured property losses due to numerous weather catastrophes, each event causing $100 million or more in losses (1991 dollars). The total loss in this 7-year period, after adjustment to inflation and other factors, was $39.65 billion with $15 billion coming from one event, Hurricane Andrew. In the 1990s, 72 catastrophes occurred, half of...
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