Irene may cost insurers as much as $3 billion to cover U.S. damage, with overall economic losses of $7 billion, according to Kinetic Analysis Corp., which predicts disaster impact. The U.S. suffered $35 billion in losses in nine separate events so far in 2011, according to the National Oceanic and Atmospheric Administration, tying a record for disasters causing more than $1 billion damage in a single year.
That's one big broken window.
