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Hurricane Ian may have caused $67 billion in damage, a top 5 U.S. storm

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Hurricane Ian likely caused $53 billion to $74 billion in insured losses from Florida to the Carolinas, with a "best estimate" of $67 billion, according to new data released today from modeling firm RMS.

The big picture: These preliminary damage totals would make Hurricane Ian the costliest storm in Florida history and second nationally to Hurricane Katrina when adjusted for inflation.

The storm, which devastated densely populated areas of southwest Florida β€” including Ft. Myers, Naples and barrier island communities such as Sanibel Island β€” killed at least 92 people in Florida alone, according to the Associated Press.

RMS, which is part of Moody's, also estimated the federal National Flood Insurance Program could see $10 billion in losses from storm surge and inland flooding from the storm.

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