KCC flash update estimates Hurricane Nicholas loss at $950mn
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KCC flash update estimates Hurricane Nicholas loss at $950mn

NHC_Tropical_Storm_Nicholas_September_14_8am_UK.png
National Hurricane Center

Karen Clark & Company (KCC) has issued a flash estimate pegging Hurricane Nicholas insured losses at $950mn.

Nicholas made landfall as a Category 1 hurricane west-southwest of Sargent Beach, Texas, in the early hours of Tuesday last week.

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