Tropical Storm Ian insurance losses projected to reach $40 billion

Posted on AllSides September 30th, 2022
From The Right
AP Newsroom

Tropical Storm Ian is poised to become one of the most expensive weather catastrophes in U.S. insurance history. 

"While it's too early to tell what the damage projections will be, many of the insurance modelers are putting it at between $20 and $40 billion," Insurance Information Institute spokesperson Loretta Worters told FOX Business Thursday. 

Hurricane Charley followed a similar path through Florida as Ian in 2004 and racked up $16 billion in property damage.

Read full story

Fox Business

AllSides Media Bias Rating: Lean Right
AllSides Media Bias Rating: Lean Right
110171/85839
See full bias rating for Fox Business
Learn about media bias
https://www.foxbusiness.com/lifestyle/tropical-storm-ian-insurance-losses-projected-reach-40-billion-dollars

More News about Water and Oceans from the Left, Center and Right

From the Left

From the Center

From the Right