Which of the following is a true statement? A casualty loss can only occur from natural disasters, such as cows standing under a tree being struck by lightning. Personal casualty losses can only be deducted to the extent that aggregate casualty losses exceed 10 percent of AGI after applying a $100 per incident deduction. The governor must declare a disaster before the casualty loss will be deductible Uninsured thefts of personal assets are not included with casualty losses