Last year produced the second greatest frequency of insurance catastrophes since 1998, the Insurance Services Office said, noting a loss to insurers of $8.8 billion from 33 events.

ISO's Property Claims Service estimates that policyholders filed 2,272,000 claims for damage to commercial properties and vehicles.

Personal lines claims accounted for 58 percent of the total, while commercial lines claims were at 9 percent and vehicle claims at 33 percent.

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