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Insurers to pay out £130m for St Jude storm losses

Aidan Kerr

The Association of British Insurers has revealed the industry is expected to pay out £130m to customers hit by St Jude’s day storm.

Insurers expect to deal with a total of 105 000 claims, and pay out £130m to policyholders whose homes, businesses and vehicles were damaged according to initial estimates from the ABI.

Aidan Kerr

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