Hiscox sees higher U.S. property insurance rates after Harvey, Irma(Reuters) - Lloyd s of London underwriter Hiscox Ltd said the price of insuring property in the United States would rise after the states of Texas and Florida suffered billions of dollars of losses from Hurricanes Harvey and Irma.    This will definitely have the impact of eliminating price reductions. I think that loss-affected areas will see price rises. The bigger ticket property area will see price rises because that was a very under-priced area beforehand,  Chief Executive Bronek Masojada told Reuters.  People buy programs covering all of their property wherever they are in America. So, it (price rises) will be broader than just Texas and Florida,  Masojada added. Like many Lloyd s of London insurers, Hiscox offers U.S. property insurance.  AIR Worldwide forecast on Monday total insured losses in the United States for Irma of between $20 billion and $40 billion. That was down from initial estimates over the weekend of as much as $65 billion. Rival risk modeling firm RMS estimates insured losses from Harvey of $25-$35 billion. Masojada said Hiscox would be announcing loss estimates  in due course .  worldnews
disco sees higher property insurance rates harvey irma reuters lloyd london underwater disco ltd said price ensuring property united states would rise states texas florida suffered billions dollars losses hurricanes harvey irma this definitely impact eliminating price reductions i think areas see price rises the bigger ticket property area see price rises area beforehand chief executive bronze masojada told reuters people buy programs covering property wherever america so price rises broader texas florida masojada added like many lloyd london insurers disco offers property insurance air worldwide forecast monday total insured losses united states irma billion billion that initial estimates weekend much billion rival risk modeling firm rms estimates insured losses harvey billion masojada said disco would announcing loss estimates due course worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Hiscox sees higher U.S. property insurance rates after Harvey, Irma(Reuters) - Lloyd s of London underwriter Hiscox Ltd said the price of insuring property in the United States would rise after the states of Texas and Florida suffered billions of dollars of losses from Hurricanes Harvey and Irma.    This will definitely have the impact of eliminating price reductions. I think that loss-affected areas will see price rises. The bigger ticket property area will see price rises because that was a very under-priced area beforehand,  Chief Executive Bronek Masojada told Reuters.  People buy programs covering all of their property wherever they are in America. So, it (price rises) will be broader than just Texas and Florida,  Masojada added. Like many Lloyd s of London insurers, Hiscox offers U.S. property insurance.  AIR Worldwide forecast on Monday total insured losses in the United States for Irma of between $20 billion and $40 billion. That was down from initial estimates over the weekend of as much as $65 billion. Rival risk modeling firm RMS estimates insured losses from Harvey of $25-$35 billion. Masojada said Hiscox would be announcing loss estimates  in due course .  worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: disco sees higher property insurance rates harvey irma reuters lloyd london underwater disco ltd said price ensuring property united states would rise states texas florida suffered billions dollars losses hurricanes harvey irma this definitely impact eliminating price reductions i think areas see price rises the bigger ticket property area see price rises area beforehand chief executive bronze masojada told reuters people buy programs covering property wherever america so price rises broader texas florida masojada added like many lloyd london insurers disco offers property insurance air worldwide forecast monday total insured losses united states irma billion billion that initial estimates weekend much billion rival risk modeling firm rms estimates insured losses harvey billion masojada said disco would announcing loss estimates due course worldnews