ABI: UK winter flood loss bill to hit £1.3bn

The total insurance bill for the UK floods that hit the country
in December and January is expected to reach £1.3bn ($1.9mn),
according to the Association of British Insurers (ABI).
The ABI said 85 percent of claims from the floods caused by
Storms Desmond, Eva and Frank have been partially or fully paid so
far, totalling more than 15,000 claims at an average cost of
£50,000 each.
Insurers are also spending nearly £27.5mn on alternative
accommodation for affected families while