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The first $50 billion hurricane was Andrew in 1992. The U.S. went 13 more years before Katrina topped the damages chart, then seven years until the third costly whopper, Sandy. Helene and Milton ...
Hurricane Milton's insured losses could cost between $30 billion and $50 billion, said analysts. Before the storm hit, analysts predicted damages of up to $100 billion.
Hurricane Helene, which formed in the late days of September and hit parts of Florida as a category 4 storm, resulted in between $30.5 billion and $47.5 billion of total insured and uninsured ...
Since Juan, nine tropical cyclones that caused at least a billion in damage were not retired, the most notable of which being Sally in 2020 which caused at least $7.3 billion, the costliest storm not to have its name retired. As of March 21, 2024, the most recent billion-dollar hurricane to not have its name retired was Idalia in 2023.
The fifth-most-intense Atlantic hurricane on record, Milton could cost insurers alone up to $100 billion, analysts say. The White House pledged government support as the full extent of the damage ...
LONDON (Reuters) -Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies ...
All told, CoreLogic calculates that Hurricane Helene caused between $30.5 billion and $47.5 billion in total wind and flood losses across 16 states. The firm said it does not plan to issue another ...
Last month, Youngkin proposed a budget amendment setting aside $127 million for a state disaster assistance fund after requesting $4.4 billion from the federal government for hurricane victims in ...