Hurricane Helene loss estimates News

Catastrophe modeler Verisk predicted wind, storm surge and flooding from last month’s Hurricane Helene will cause insured losses of between $6 billion and $11 billion. The estimate does not include losses to the National Flood Insurance Program (NFIP), Verisk added. …

Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to grow as more damages are assessed, pushing catastrophe modelers to continually revise estimates upward. The estimate out from CoreLogic on …