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Noor Zainab Hussain

FILE PHOTO: A man carries a child through a flooded street as Hurricane Milton approaches the Cuban coast in Batabano, Cuba, October 8, 2024. REUTERS/Norlys Perez/File Photo
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Hurricane Milton could cost insurers $60 billion, raise reinsurance rates, RBC says

The Category 5 hurricane is due to make landfall on the Gulf Coast of Florida late on Wednesday or early Thursday.

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