The total damage and economic loss from Hurricane Milton will be between $160 billion and $180 billion, according to a preliminary estimate from AccuWeather on Thursday. After making landfall as a Category 3 hurricane, Milton will go down as one …
Hurricane Milton roared ashore in Florida near Sarasota late Wednesday knocking out power to more than 3 million customers and causing widespread flooding. But officials were cautiously optimistic that damage won’t reach the level wrought by Hurricane Ian in 2022. …
With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting. “We’re competing with Helene,” said …
Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said. The Category 5 hurricane is due to …
For the second time in two weeks, Tampa General Hospital is getting ready to keep water at bay. Hurricane Milton is expected to make landfall Wednesday and will test the hospital’s flood barrier. It takes dozens of facilities workers to …
Milton is on track to deal a devastating blow to Florida’s vibrant Tampa Bay region, potentially delivering the first direct hit from a hurricane in a century just as residents and businesses were beginning to pick up the pieces from …
Hurricane Milton is on track to become a catastrophic Category 5 storm as it rakes Mexico’s Yucatan Peninsula on a path toward Florida’s western coastline, where evacuations are underway in a region still recovering from Helene’s devastation. The storm’s top …