Insured losses for CA flooding could be larger than Hilary
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Insured losses for CA flooding could be larger than Hilary

Rainfall over the weekend was a “one-in-1,000-year” event, according to UCLA.

By Kyoung-son Song
February 08, 2024
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Flooding rain

Flooding in California is unlikely to be a billion-dollar loss event for P&C insurers, but potentially larger than Hurricane Hilary given its broader geographical footprint, according to sources.

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