October 12, 2016 / 12:52 PM / 9 months ago

BRIEF-Karen Clark & Co estimates insurers will pay $7 bln for Hurricane Matthew damage in the U.S

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Oct 12 (Reuters) - Karen Clark & Co

* Estimates insurers will pay $7 billion for damages in the US as a result of Hurricane Matthew

* Estimates based on high resolution storm surge, inland flooding, and wind models

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