Storm and flood claims to cost Lloyds Banking Group £60m
Lloyds Banking Group expects to fork out around £60m on claims for household damage caused by the floods and storms that wracked the UK over December and the New Year.
The bank's home insurer business, which protects around one in seven UK homes under the Lloyds Bank, Halifax and Bank of Scotland Insurance brands, received more than 1000 flood claims in December.
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