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German storms cause $730 million in insured losses

Hailstorm in Munich, Germany

The German insurance association said that recent storms including a hailstorm in Munich caused more than €650 million ($730 million) in insured losses, reports. A hailstorm struck Munich on June 10, while storm Frank struck Lower Saxony and Hesse on June 3 and storm Klaus hit Mecklenburg-Vorpommern, Berlin and Brandenburg on June 12.

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