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Hurricane Irene may be America’s costliest catastrophe

Washingto/New York, Aug 31 (IANS) Wednesday, August 31, 2011 –> As the US East Coast struggled to recover from the aftermath of Hurricane Irene, rising floodwaters forced thousands of evacuations in New Jersey and Connecticut with 13 flooded Vermont towns already cut off. Irene will most likely prove to be one of the 10 costliest catastrophes in American…