NU Online News Service, Sept. 2, 9:55 a.m. EST

Following Hurricane Irene, two of the "big three" hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.

Eqecat says U.S. insured losses from Irene will fall between $1.5 billion and $2.8 billion—which is lower than the low end of a range of insured losses estimated by modeler AIR Worldwide of $3 billion to $6 billion.

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