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Insurance Companies Exposed to Fraud

CHARLOTTE, N.C., Feb 16, 2011 /PRNewswire/ — Losses related to damage from lightning strikes topped more than $1 billion in the U.S. for the first time in 2008. The number of lightning claims and correlating claim value fell by 25% from 2008 to 2009, reflecting fewer storms in that period of time. The overall trend, however, shows that insured losses (or more accurately, claims) continue to...

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