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. Total insured losses globally ...

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. Total insured losses ...

Hurricane Milton is estimated to cost $30 to $50 billion in insured losses, according to analytics from Fitch Ratings. To put this in context, Hurricane Ian from 2022 had a similar path in Florida ...

This would have rivaled Hurricane Katrina's cost in 2005, estimated at $86 billion in 2020 — the largest insured loss from a hurricane, per a 2020 Swiss RE report. Before the storm, analysts ...

Damage from Hurricane Milton is expected to cost insurers almost $36 billion, according to an estimate from risk modeling firm Karen Clark & Co. The calculation covers privately insured losses ...

Climate change may be fueling stronger storms, but human development patterns are amplifying their destructive potential and elevating costs ... events — a threshold Hurricane Helene will ...