ABI: 85% of claims from floods caused by storms Desmond, Eva and Frank paid out

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More than four out of five claims from the winter floods have been paid, with total damages expected to reach £1.3bn, according to the Association of British Insurers.

The ABI said 85% of the 15,000 claims received in the wake of floods caused by Storms Desmond, Eva and Frank have been paid. The average cost for each claim is £50,000.

Mark Shepherd, manager of

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