(Bloomberg) -- Hurricane Matthew, which devastated parts of the Caribbean before battering the U.S. East Coast, may cost insurers as much as $8.8 billion, according to AIR Worldwide.
Insured losses range from $2.2 billion to $6.8 billion for the U.S. and from $600 million to $2 billion for the Caribbean, the catastrophe-modeling firm estimates.
Matthew left hundreds of people dead in Haiti and killed at least 15 in the U.S., causing damage in Florida, Georgia, South Carolina, North Carolina, and Virginia.
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