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French Government Urges Quick Insurance Payouts After Severe Floods

Economic Minister Antoine Armand calls for expedited compensation as natural disaster status is declared in flood-stricken regions.

  • The Centre-East of France experienced severe flooding, affecting regions such as Rhône, Loire, Haute-Loire, Ardèche, Lozère, and Alpes-Maritimes.
  • Antoine Armand, the Economy Minister, has mobilized insurance companies to expedite compensation processes for affected residents and businesses.
  • The Macif insurance company has implemented special assistance measures, including extended claim deadlines and temporary housing support.
  • The natural disaster status has been officially recognized, enabling the commencement of the formal compensation process for flood victims.
  • Insurance premiums are expected to rise significantly in 2025 due to increased repair costs and higher contributions to natural disaster funds.
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