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AIR Worldwide News

AIR Worldwide estimates demages caused by Chilean earthquake could reach $900 million

Catastrophe modeling firm AIR Worldwide said Monday that it estimates that industry insured losses from the earthquake that struck Chile last week can reach $900 million. Authorities have said that at least 12 people have died and the earthquake was felt more than 1,850 miles away in Sao Paulo, Brazil. The port city of Coquimbo reported waves approximately 16 feet high. Read More »