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Oso Mudslide Victims Likely To Face Financial Woes

caption: Saturday's mudslide in Oso destroyed at least 49 homes.
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Saturday's mudslide in Oso destroyed at least 49 homes.
Flickr Photo/GovInslee (CC-BY-NC-ND)

Ross Reynolds talks with Jim Davis, editor of the Herald Business Journal in Everett, about the bleak financial outlook facing Oso victims whose homes were damaged in the recent mudslide.

"There are 1.5 million single-family homes in the state of Washington. Only 4,700 homeowners and business owners have landslide insurance," Davis said.

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