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Michael Will Cost Insurers Billions, But Won't Overwhelm Industry, Analysts Say

02:23
Destroyed homes and debris are seen near Port St. Joe, Fla., on Friday, two days after Hurricane Michael hit the Florida panhandle. Analysts estimate the storm has caused billions of dollars of damage. (AFP/Getty Images)
Destroyed homes and debris are seen near Port St. Joe, Fla., on Friday, two days after Hurricane Michael hit the Florida panhandle. Analysts estimate the storm has caused billions of dollars of damage. (AFP/Getty Images)

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