The Damage Costs From Hurricane Michael Could Top $4.5 Billion

Residential and commercial properties in Florida sustained between $3 billion and $5 billion in damage, including from storm surge and wind, according to an estimate out .....»»

Agricultural damage from Hurricane Michael's rampage last week across Georgia, Alabama and Florida is forecast to top $1.3 billion, with pecan and cotton farms the hardest hit as well as the region's poultry operations, according to officials......»»

The U.S. Senate Thursday overwhelmingly approved a long-awaited $19.1 billion disaster relief bill that would send $3 billion to farmers in Georgia and other states who suffered crop losses from Hurricane Michael. The relief package was held up for m.....»»

Duke Energy Florida wants to use savings from a 2017 federal-tax overhaul to cover the costs of restoring power after Hurricane Michael, potentially sparing customers from higher monthly electric bills. The utility filed a proposal Tuesday at the .....»»

Gov. Brian Kemp and other state political leaders are turning up the heat on the federal government to get moving on a $13.5 billion federal disaster aid package to help Georgia farmers hit hard by Hurricane Michael last fall. The bill has stalled amid .....»»

In total, the Senate approved some $6 billion to cover unexpected costs paid by state agencies since the legislature last met......»»

Nearly 49,000 single-family homes in Hawaii are at extreme risk or very high risk of suffering flood damage from a hurricane such as Hurricane Lane and have a total reconstruction cost value of some $8 billion, according to an analysis by CoreLogic.....»»

As Hurricane Lane bears down on the Hawaiian island of Oahu, analysts at CoreLogic estimate that more than $8 billion in property is at risk of heavy damage from the storm......»»

The status of Hawaii’s statewide cargo shipments is largely dependent on the condition of Honolulu Harbor following the impact of Hurricane Lane, according to Hawaii Shippers Council President Michael Hansen. Virtually all the cargo arriving to t.....»»

Hurricane Harvey has been described as the storm that didn't discriminate, inflicting an estimated $125 billion in damage to rich and poor alike. But community leaders say residents in the poorest neighborhoods have fared the worst. (Aug. 23).....»»

Housing data provider CoreLogic late on Thursday downgraded its initial estimate.....»»

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

The potential insured damage caused by the storm was scaled back from as high as $20 billion to a range of $1 billion to $5 billion.....»»

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. It was a Category 4........»»

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. .....»»

Jason Miczek/Reuters Residents who live far from the coast were blindsided with hurricane damage after record rainfall from Hurricane Florence caused widespread floo.....»»

Tens of thousands of people in North Carolina are starting to tally the damage from Hurricane Florence. Early estimates show the storm caused as much as $22 billion in destruction. Manuel Bojorquez reports......»»

RMS' estimations include property damage and business interruption in residential, commercial, industrial and automobile businesses while factoring in post-event loss amplification......»»