Assessing the damage and financial toll on insurers of Hurricane Milton

Before the storm began, insurance industry experts estimated losses could reach up to $100 billion for the global insurance sector. Hurricane Milton swept through Florida with strong winds, heavy rains, and several tornadoes, causing at least four deaths. The storm made landfall on October 9 in Siesta Key as a Category 3 hurricane, wreaking havoc […]
Top U.S. states most affected by hurricanes

Since 1851, only four Category 5 hurricanes have been recorded in the United States, which states have been affected? The United States is facing a 2024 hurricane season that has begun early and with intense storms, causing flooding, power outages, and losses. The National Oceanic and Atmospheric Administration (NOAA) estimates an 85% chance that this […]