Irene likely to lead to higher insurance premiums (AP)

AP - The $7 billion in estimated losses from Hurricane Irene will compound the vast damage caused by weather in the United States this year. Yet despite billions they've paid out for floods, tornadoes and earthquakes, big insurance companies can expect another profitable year.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110829/ap_on_bi_ge/us_irene_economy

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