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Vehicles sit partially submerged in floodwaters after Hurricane Michael hit in Panama City, Florida. (Photographer: Luke Sharrett/Bloomberg)

Flood-related catastrophic (CAT) events such as what happened in the Carolinas last month create significant challenges for managing the disposition of vehicles damaged by flood waters. For claims managers and the automobile industry more broadly, this can be a stressful process, full of unknows and unpredictable variables.


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