Attacks Could Cost Wisconsin Insurers About $20 Billion.

Byline: Lee Bergquist

Sep. 13--Estimates of losses ranged broadly, with a University of Wisconsin-Madison insurance expert estimating losses of $10 billion to $20 billion and others on Wall Street saying payments could soar as high as $20 billion to $30 billion.

As for Wisconsin insurers, an expert here said most Wisconsin companies would have little or no exposure because of their regional market base or because of the lines of insurance they sell.

Eric Englund, president of the Wisconsin Insurance Alliance in Madison, said he expected most of the losses to be covered by national property-casualty companies.

A total of 353 insurers are …