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Reuters
Reuters
Business

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

FILE PHOTO: A closeup of floodwaters aftermath of Hurricane Florence is seen in this satellite image over the area surrounding Wallace, North Carolina, U.S., September 20, 2018. Satellite image ©2018 DigitalGlobe, a Maxar company/Handout via REUTERS

(Reuters) - 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.

(Reporting by Suzanne Barlyn; Editing by Sandra Maler)

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