French organizations face hefty losses after document flooding

Organizations in southwestern France are evaluating hefty losses after record flooding submerged communities consisting of Marmande, La Réole and Cadillac-sur-Garonne. Floodwaters rising over 10 metres flooded stores, health spas and restaurants, leaving proprietors dealing with countless euros in damages and weeks of lost income. With climate-related insurance coverage prices rising — reaching billions of euros in 2024 — numerous organizations are having a hard time to recover as severe weather events end up being progressively expensive.

Source: France 24

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