NU Online News Service, Nov. 23, 1:05 p.m. EST
Floods that hit the United Kingdom last week could cost insurers up to $165 million, the Association of British Insurers estimated.
In Cumbria and south Scotland, the ABI said flood claims could reach ?100 million ($165 million). An ABI spokesman said the total insured loss will be in the range of ?50 million ($83 million) to ?100 million ($165 million), based on the current tally of about 1,000 claims.
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