Based on the III\’s mid-year report that the industry had an aggregate surplus of about $415 billion at 6/30/05…wow, we\’ll see over 10% of the industry\’s surplus vanish as a result of these storms.
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Is it any wonder costs must go up!
Based on the III\’s mid-year report that the industry had an aggregate surplus of about $415 billion at 6/30/05…wow, we\’ll see over 10% of the industry\’s surplus vanish as a result of these storms.