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Florida hurricanes cause more than $800 million in losses

Florida hurricanes cause more than $800 million in losses

Hurricanes Hermine and Matthew caused a combined $824 million in insured losses in Florida, the state’s Office of Insurance Regulation said Thursday.

Hermine was a Category 1 hurricane when it struck near Tallahassee, Florida, on September 2.

Hurricane Matthew formed in late September and became a hurricane in the South Central Caribbean, dumping heavy rain on the Bahamas, Haiti and Cuba on October 4 and 5 as a Category 3 storm.  

On October 7 Matthew grazed the eastern coast of Florida, hitting the state with winds as high as 120 mph and torrential rain.

The storm caused storm surge flooding as it moved through Florida, Georgia, Virginia, and North and South Carolina.

The death toll from Hurricane Matthew is up to 46 in the United States, according to the Insurance Information Institute. Estimates of insured losses for Hurricane Matthew range from $1.5 billion to $7 billion in the U.S.



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