KCC estimates Hilary insured losses at almost $600mn
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KCC estimates Hilary insured losses at almost $600mn

Kyoung-son Song
29 August 2023
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Los Angeles, United States. 20th Aug, 2023. Cars trapped in flood waters along the Sherman Way. Hurricane Hilary brings intense rain and flood warnings throughout Southern California, becoming the regions first tropical storm in decades. Credit: SOPA Imag
Photo: Alamy Stock Photo

Karen Clark & Company’s (KCC) latest update for Hurricane Hilary in California has estimated insured losses to be close to $600mn.

The estimate includes privately insured damage to residential, commercial and industrial property, as well as automobiles. Boats, offshore properties and National Flood Insurance Program losses were excluded.

The

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