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Could Florida Survive the Big One?
As Hurricane Ike barrels toward South Florida, Americans can be sure they won't have to endure another catastrophic failure of a hurricane protection system. That's because South Florida doesn't have a hurricane protection system. As South Floridians like to say: Ay dios mio! Ike is now scheduled to pass just south of Miami as a Category 4 storm; National Hurricane Center researchers recently concluded that a Cat 4 hitting Miami could cause $70 billion in damage. To use another South Florida-ism: Oy vey!
Nations:U.S. Activities:2005 Hurricane Katrina 2008 Hurricane Ike Source:(Time)
2008-09-07
Property insurers overprice, underpay: report
The U.S. property/casualty insurance industry systematically overcharges policy holders and underpays on claims, said a report from consumer activists on Thursday that an industry group called "absurd."
Nations:U.S.
2008-01-10
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