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Hurricane Dorian could cost insurers $25B

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Analysts at UBS are projecting Hurricane Dorian could cost insurers up to $25 billion in losses.

More than 1 million people have been ordered to evacuate Florida, South Carolina and Georgia. The hurricane hit the Bahamas early on Monday.

Dorian, according to Fox Business, is the second-strongest Atlantic storm on record.

Read more from Fox Business.

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