Moody’s RMS pegs insured California flood losses at $500mn-$1.5bn
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Moody’s RMS pegs insured California flood losses at $500mn-$1.5bn

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Moody’s RMS has estimated that the floods which struck California earlier this month have caused between $500mn and $1.5bn in insured losses.

The flooding affected millions of people in the Golden State, leading to widespread evacuations, power outages and property damage.


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