Hurricane Irene appears to have a better chance of cracking a list of the Top 10 most costly U.S. hurricanes after a sizable increase in estimated losses was released from Property Claims Services (PCS).
Verisk Analytics' PCS has raised its estimate of insured-property losses from the late August storm 18 percent to $4.3 billion.
PCS, which originally released an estimate of $3.65 billion, continues to monitor insurers' daily reports of claims from many areas. Irene, either as a hurricane or tropical storm, impacted more than a dozen states on the East Coast.
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