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 […]
Emergency measures and preparations for Hurricane Milton in Florida

The state of Florida continues to implement safety and security measures to receive Hurricane Milton. Florida is implementing an unprecedented mobilization of approximately 8,000 National Guard members in anticipation of Hurricane Milton’s arrival. This mobilization is complemented by the establishment of a camp at Tropicana Field in St. Petersburg, which will house 10,000 emergency response […]
Florida braces for Hurricane Milton: storm threatens supply chains

In addition to the severe impact expected across the state, Milton is already causing serious disruptions in Florida’s freight transportation markets. The state of Florida is preparing for the arrival of Hurricane Milton, a storm that has reached Category 4, with sustained winds of 127 mph and gusts of up to 155 mph. In addition […]