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JERSEY CITY, N.J. The Insurance Services Office Inc.'s Property Claim Services unit has declared damage caused last week by severe weather in parts of Kansas to be a catastrophe, meaning that insured damage will reach at least $25 million.
A tornado late Friday destroyed nearly all of Greensburg, Kan.a town of about 1,500 people about 110 miles west of Wichita. The tornado, which local officials estimated damaged at least 95% of Greensburg, killed at least 9 people.
On Sunday, President Bush declared Kiowa County, of which Greensburg is the county seat, a disaster area.
PCS defines a catastrophe as an event that causes at least $25 million in insured property damage and that affects a significant number of property/casualty insurance policyholders and insurers.