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Extreme weather pushing up insurance prices | BBC News
Posted
July 10, 2024
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July 10, 2024
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3:39Now PlayingWildfires, storms, hurricanes and flooding have pushed up costs for the insurance industry.
In the UK, weather damage insurance claims were the worst on record last year, according to the Association of British Insurers.
This massive rise was largely fuelled by the succession of storms that struck the UK last autumn.
In the US, millions of homes in Texas are experiencing power outages in the aftermath of Hurricane Beryl.
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