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This is in part due to the difficulty of measuring the financial damage in areas that lack insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher.
Irma caused widespread damage in Florida due to high winds and destructive floods. The Florida Keys were hit the hardest, with the vast majority of infrastructure there receiving some degree of damage, and at least 25% receiving major damage. Hurricane Irma also knocked out power to 73% of the state, or 7.7 million homes and businesses. 2017
The system continued strengthening, and on August 31, Dorian attained Category 4 major hurricane status. [24] Dorian reached Category 5 intensity on the following day. [25] On the morning of September 1, a dropsonde deployed by a NOAA aircraft measured a wind gust of 176 knots (326 km/h; 203 mph) at the surface. With one-minute sustained winds ...
The storm will cost the company around $30 million over all of 2019, the company said.
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Dorian also dropped an estimated 3.0 ft (0.91 m) of rain over The Bahamas. [16] Hurricane Dorian killed at least 70 people in The Bahamas – 60 on Abaco and 10 on Grand Bahama. [17] One of the fatalities was classified as indirect. [18] Damage amounted to US$3.4 billion. [19] Insured losses alone were confirmed to be at least US$1 billion. [20]
On Sunday, Dorian's maximum sustained winds reached 185 mph (297 kph), with gusts up to 220 mph (354 kph), tying the record for the most powerful Atlantic hurricane ever to make landfall.
The following decade featured seven hurricanes causing at least a billion in damage. In the 1990s, twelve tropical cyclones accrued at least a billion in damage, including Hurricane Andrew in 1992. The system greatly exceeded the damage figure of any preceding tropical cyclone, causing $27.3 billion in damage, mostly in South Florida. Nineteen ...