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Between $4 Billion And $6 Billion In Insured Property Loss From Hurricane Matthew

Saturday, October 8, 2016 8:18
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from CoreLogic

Insured property losses for both residential and commercial properties from Hurricane Matthew are estimated to be between $4 billion and $6 billion from wind and storm surge damage. This does not include insured losses related to additional flooding, business interruption or contents. Of this $4-6 billion, 90 percent of the insurance claims are expected to be related to wind and 10 percent is expected to be related to storm surge.

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