Verisk Estimates Industry Insured Losses from Hurricane Idalia Will Range from USD 2.5 Billion to USD 4 Billion
BOSTON, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Idalia will range from USD 2.5 billion to USD 4 billion.
- BOSTON, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Idalia will range from USD 2.5 billion to USD 4 billion.
- The industry loss estimate includes estimated wind damage and insured estimates of storm surge across Idalia’s track.
- At around 7:45 a.m. EDT on August 30, Hurricane Idalia made landfall in Taylor County within Florida’s Big Bend region, near Keaton Beach, as a Category 3 hurricane.
- A major hurricane similar to Idalia has not impacted this region for over 125 years, since the unnamed hurricane in 1896.