Bradenton, Florida, Police Chief Melanie Bevan talks concerning the harm attributable to Hurricane Milton on Cavuto: Coast to Coast.
Hurricane season is in full drive, with the United States grappling with the aftermath of a pair of damaging and lethal hurricanes in fast succession.
The southeastern United States has been hit by consecutive hurricanes in current weeks, with Hurricane Helene bringing devastating flooding to components of North Carolina and Tennessee two weeks in the past, whereas Hurricane Milton spawned a sequence of damaging tornadoes though Florida’s Gulf Coast was spared. the worst of its storm when it made landfall Wednesday.
The financial toll from these two hurricanes continues to be being calculated as insurance coverage claims are available in amid the cleanup as companies and faculties return to regular operations.
While the storms of the 2024 hurricane season thus far have taken each a human and financial toll on affected areas, they fortuitously didn’t rank among the many costliest hurricanes in U.S. historical past. Here’s a take a look at the economically dearer hurricanes within the historical past of the United States.
In this aerial view, floodwaters inundate a neighborhood after Hurricane Milton made landfall on October 10, 2024 in Punta Gorda, Florida. (Joe Raedle/Getty Images/Getty Images)
HURRICANE HELENE CAUSED INSURED DAMAGES BETWEEN 8 AND 14 BILLION DOLLARS: MOODY’S
Chapter 5: Hurricane Harvey
Hurricane Harvey hit the southern and japanese United States, notably Texas and Louisiana, in 2017. It prompted catastrophic rainfall-induced flooding within the Houston metropolitan space and stays the wettest tropical cyclone the United States has ever skilled.
People stroll alongside a flooded avenue as they evacuate their houses after the world was inundated by Hurricane Harvey on August 28, 2017, in Houston, Texas. (Photo by Joe Raedle/Getty Images/Getty Images)
According to a report from the Insurance Information Institute (III) citing Aon information.
#4 – Hurricane Sandy
Hurricane Sandy it affected all the Atlantic Coast and 24 states, together with these close to the Great Lakes, when it struck in 2012, and prompted extreme flooding and storms in New York and New Jersey.
Waves crash in entrance of an amusement park destroyed by Hurricane Sandy on October 31, 2012, in Seaside Heights, New Jersey. (Photo by Mario Tama/Getty Images/Getty Images)
According to Report III, Sandy prompted roughly $30 billion in insured losses utilizing 2012 {dollars}, or $39.9 billion in 2023 {dollars}.
SAFETY TIPS FOR USING PORTABLE GENERATORS
#3 – Hurricane Ida
Hurricane Ida made landfall in Louisiana in 2021 as one of many strongest storms to ever hit the state. It continued to carry tornadoes and catastrophic flooding because it made its method from the Gulf Coast inland towards the Northeast.
Palm bushes sway throughout Hurricane Ida in New Orleans, Louisiana, U.S., Sunday, Aug. 29, 2021. (Photographer: Luke Sharrett/Bloomberg by way of Getty Images/Getty Images)
According to Report III, Ida prompted $36 billion in harm based mostly on 2021 {dollars}, or about $40.5 billion utilizing 2023 {dollars}.
No. 2 – Hurricane Ian
Hurricane Ian hit Florida in 2022 and was the deadliest hurricane within the state because the Labor Day Hurricane of 1935. The storm went on to inflict additional harm within the Carolinas and Virginia.
Boats stay stranded on shore following Hurricane Ian in Fort Myers, Florida on September 29, 2022. (Photo by GIORGIO VIERA/AFP by way of Getty Images / Getty Images)
Ian inflicted $54 billion in insured losses based mostly on 2022 {dollars}, or almost $55.8 billion on 2023 {dollars}, in keeping with Aon and III evaluation.
O’LEARY DISMISSES CONCERNS ABOUT FLORIDA HURRICANES’ IMPACT ON REAL ESTATE BOOM
No. 1 – Hurricane Katrina
Hurricane Katrina hit the Gulf Coast in 2005 and prompted devastating flooding in New Orleans after the town’s flood safety system failed. The storm claimed 1,392 lives, in keeping with the National Hurricane Center.
Flood waters from Hurricane Katrina cowl the streets of New Orleans, Louisiana on August 30, 2005. (Photo by POOL/POOL/AFP by way of Getty Images / Getty Images)
According to III and Aon, Katrina prompted $65 billion in insured losses in 2005, or about $101.9 billion in damages based mostly on 2023 {dollars}.
