California flooding losses to exceed $30bn, just $1bn to be insured: Argenta

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Reinsurance News - Jan 19, 2023

Only $1bn is expected to be insured from an estimated economic loss of over $30bn caused by fierce storms, torrential rain, high winds and flooding that the state of California has experienced since late December 2022, according to Argenta analysts. These events have pushed thousands of people to ev...

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