Thursday, September 7, 2017

Hurricane Irma: This Does Not Look Good For Florida (or the insurers)

From WeatherBELL's Ryan Maue:
No, not good at all.
See the post immediately below:
...I was asked where the $300 billion damage estimate* for a direct hit by hurricane Irma on Miami came from. This is one of the published sources, in casual conversation I've heard $350 billion with an $80 billion potential whack to the re/insurers if, after Miami, the storm continues up the Florida east coast.Real money.