NU Online News Service, Oct. 14, 1:26 p.m. EDT
Losses from Hurricane Jova, which struck the Pacific coast of Mexico this week, are estimated to be less than $52 million, says catastrophe modeler AIR Worldwide in Boston.
The storm struck the Mexico states of Colima and Jalisco as a category 2 storm which weakened quickly, but produced more than two foot of rain in some areas and serious flooding and mudslides, AIR says.
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