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North of England floods could cost industry £80m to £120m: PWC

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Flooding in the north of England could cost insurers between £80m and £120m, PWC has estimated, though this could rise.

More than 500 properties have so far been flooded, with more at risk as further rain is forecast.

1200 households have been evacuated.

Mohammad Khan, general insurance leader at PWC, said: “This is

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