The total damage and economic loss from Hurricane Milton will be between $160 billion and $180 billion, according to a preliminary estimate from AccuWeather on Thursday. After making landfall as a Category 3 hurricane, Milton will go down as one …
Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry insured losses in U.S. for Hurricane Helene will range between $6 billion to $11 billion. Verisk’s estimates comes a day …
Moody’s RMS Event Response on Monday released an estimate showing total U.S. private market insured losses from Hurricane Helene could be between $8 billion and $14 billion. Moody’s puts its best estimate at $11 billion. The estimate represents insured losses …
General Motors has temporarily halted truck and SUV production at two assembly plants in Texas and Michigan because of impacts to its suppliers due to Hurricane Helene, the automaker said Friday. The Detroit automaker said production at Flint Assembly and …
Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to grow as more damages are assessed, pushing catastrophe modelers to continually revise estimates upward. The estimate out from CoreLogic on …
When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres area of St. Petersburg, Florida. The neighborhood saw 6 feet of storm surge, which flooded roads and homes. It was …
The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the hurricane season, Homeland Security Secretary Alejandro Mayorkas told reporters this week. The agency is being stretched as it works with …
AccuWeather has increased its estimate of the total damage and economic loss from Hurricane Helene in the U.S. to between $225 billion and $250 billion. The update accounts for new verified information, including the loss of life, the immediate and …
Privately insured losses from Hurricane Helene will be about $6.4 billion from wind, storm surge and inland flooding in nine states, according to Karen Clark & Co., a well-regarded storm modeling and analytics firm. The figure includes residential, commercial and …
As flooding hammered Appalachia in the aftermath of Hurricane Helene, residents became intimately familiar with a new norm in the US’s post-storm script: dams at imminent risk of failing. Officials last week said multiple dams were on the brink, including …