Frances Expected to Cost Insurers &#36;2B-&#36;5B
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Hurricanes Charley and Frances dealt Florida a one-two punch that ravaged citrus groves and ground the state's most important industry to a halt by keeping tourists away from its sandy beaches and fantasy-filled theme parks.
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Hurricane Frances is expected to be  less costly for insurers than feared, though high winds and  flooding generated billions of dollars in damage in Florida and  brought the state to a virtual standstill during a three-day  holiday weekend.
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Estimates range from $3B to $10B following second major storm to hit Florida within a month. NEW YORK (CNN/Money) - Losses from Hurricane Frances are now forecast to make it the fifth-costliest storm in US
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SAN FRANCISCO : Insured losses from Hurricane Ivan may be between three billion and six billion US dollars, modeling firm AIR Worldwide said Thursday.
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U.S. insurers on Monday predicted that  Hurricane Charley could be the most costly U.S. storm since  Andrew in 1992, with Florida officials initially estimating  economic losses at $15 billion.
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Hurricane Frances, which may become the costliest storm to hit the US in a dozen years, headed toward Florida, forcing about 2.5 million people to flee their homes.
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Hurricane Frances caused damage estimated at $200 million to Florida&#39;s citrus growers, on top of an estimated $285 million in losses from Hurricane Charley three weeks before, industry group Florida Citrus Mutual said Friday.
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Insurance claims resulting from hurricanes Charley and Frances are expected to generate as much as $20 million in revenue for Atlanta-based Crawford &amp; Co.
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Florida insurance companies can cover the losses of Hurricanes Charley and Frances, even if a few small insurers fail, the state&#39;s chief financial officer said Tuesday.
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Hurricane Frances threatens to dampen sales, and possibly earnings, for a slew of companies -- from insurers to airlines -- as business activity screeches to a halt only three weeks after Hurricane Charley hit Florida.
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Hurricane Ivan may cost insurers less than first estimated after the third storm to hit the US in six weeks skirted New Orleans. US claims will probably total $2 billion to $7 billion, down from a previous
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As a new enrollment period gears up, employers are bracing for how much it is going to cost to cover their workers&#39; health. Although insurance premiums are expected to rise at a slower rate than
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Germany's Munich Re, the world's largest reinsurer, said Monday that the overall insured damage caused by Hurricane Frances so far is between $5 billion and $15 billion.
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Florida insurers, after weathering two hurricanes in the last month, are scrambling to compile damage assessments while bracing for another potential storm this weekend that could further erode profits.
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Insurers held their breath on Friday as they waited to gain access to areas pounded by Hurricane Ivan, which some predicted at up to $10 billion could become the second-costliest storm in US history.
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A recent spate of storms in the south-eastern US could leave insurers facing their biggest ever hurricane damages bill, an industry body has said.
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Early loss data suggests the insurance bill from Hurricane Frances, which wreaked havoc across Florida at the weekend, may turn out to be lower than that of August's Charley, UK insurer Amlin said on Monday.