Hurricane Florence insured losses in the billions, flooding may still 'worsen'

A palm tree yielding in a tropical storm

Insured losses from Hurricane Florence are likely to be between $1.7bn and $4.6bn, Air Worldwide estimates.

The hurricane made landfall near Wrightsville Beach in North Carolina on around 7.15am on Friday. By this time the former category four storm had weakened to a category one.

There have been 32 deaths

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