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Commerical P&C Faces Little Exposure to Miss. Flood

The recent flooding of the Mississippi River has called for the Morganaza Spillway to be opened for the first time in nearly 40 years.

By Mark E. Ruquet | Updated on May 31, 2011

The unprecedented flooding along the Mississippi is producing some rarely seen events throughout the Delta basin, but the impact of these events on the commercial side of the property and casualty industry will probably be minimal, say observers.

Flooding along the Mississippi has been so intense that for the first time in close to 40 years the Morganza Spillway was opened, potentially affecting 2,500 people and 2,000 structures as water spills into the Atchafalaya Basin.

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