(Bloomberg) – More than 1.5 million people are still without power as Matthew on Sunday brought Hurricane-force wind gusts and flooding to the outer banks of North Carolina, where the storm left at least seven dead.

Almost 423,000 homes and businesses were still in the dark in Florida, and more than 1.1 million had lost power in Georgia and North and South Carolina, as of noon New York time. 

Duke Energy Corp. said it will need to rebuild sections of its electrical systems in the states after heavy damage. Matthew has been downgraded from a hurricane to a post-tropical cyclone, and no further damage is expected as it moves east away from the coast.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
Commercial Lines
E&S/Specialty
Personal Lines
Reinsurance
Weather Risk