Similar Stories to Helene And Milton’s Damage Costs May Skyrocket To $50 Billion on Bing News

At least 95% of the damage caused by Hurricane Helene was not insured. Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but government and private experts say they will likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers.Making that even more painful is that most of the damage—95% or more in Helene’s case—was not insured, putting victims in a deeper financial hole.Storm deaths have been dropping over time, although Helene was an exception.

BING NEWS:
  • Helene, Milton losses expected to surpass "truly historic" $50 billion each
    Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.
    10/17/2024 - 12:56 am | View Link
  • Florida's Housing Market Faces Major Setback As High Insurance Costs And Storm Concerns Drive Buyers Away, Leaving Homeowners Stuck
    Anthony Holmes thought he had struck gold when he joined the thousands of Americans flocking to Florida during the pandemic. In 2021, Holmes left Virginia, buying a five-bedroom home in a gated Tampa ...
    10/15/2024 - 2:23 am | View Link
  • Businesses Can Apply Now For Hurricane Helene & Milton Disaster Loans
    These loans provide financial assistance to help businesses recover from physical damages and economic losses caused by the storms.
    10/14/2024 - 10:06 am | View Link
  • How much are damage estimates for Milton? Hint: It's in the billions
    Preliminary assessments of Hurricane Milton's destruction to Florida is expected to cost billions of dollars as the state starts the clean up process.
    10/12/2024 - 10:51 am | View Link
  • Rising disaster costs leave U.S. confronting fiscal risks of climate change
    As storms, droughts, wildfires and other extreme weather events strike with greater frequency and intensity, repairing and rebuilding has grown more costly, too.
    10/11/2024 - 11:23 pm | View Link
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