Florida storm losses may run $3.5 billion a year

by Business Insurance: Breaking News at Business Insurance: Breaking News

FORT LAUDERDALE, Fla. (Reuters)—Florida may face an average of nearly $3.5 billion a year in hurricane damages over the next three decades, an insurance industry official said Friday. Damages in Florida were expected to total $104 billion over the next 30 years, according to the Florida Insurance...

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