Business News

Hurricane Florence insured losses to range from $2.8 billion to $5 billion

Key Points
  • Insured losses from Hurricane Florence, which slammed into North Carolina this month, will range from $2.8 billion to $5 billion, said RMS, a risk modeling and analytics firm on Monday.
  • The figures include losses caused by high winds, storm surges, inland floods and the National Flood Insurance Program (NFIP), RMS said.

Insured losses from Hurricane Florence, which slammed into North Carolina this month, will range from $2.8 billion to $5 billion, said RMS, a risk modeling and analytics firm on Monday.

The figures include losses caused by high winds, storm surges, inland floods and the National Flood Insurance Program (NFIP), RMS said.