NU Online News Service, April 8, 9:59 A.M. EDT

Insured losses from Monday's killer earthquake in Italy are likely to range between EUR200 million ($265 million) and EUR400 million ($530 million), a catastrophe modeling firm estimated.

Boston-based AIR Worldwide said its projections for the magnitude 6.3 earthquake that struck the Abruzzo region include losses to residential, commercial and industrial buildings and contents.

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