The hurricane brought about the heaviest injury of any hurricane in Florida, and surpassed solely Katrina for injury nationally.
Hurricane Ian was liable for between $53 billion and $74 billion in insured damages, in accordance with information launched Friday by modeling agency RMS, which gave its finest estimate for hurricane injury at $67 billion. The September hurricane was the most expensive hurricane in Florida historical past and the second costliest hurricane ever to hit the US.
The corporate mentioned the Nationwide Flood Insurance coverage Program may face $10 billion in storm injury related to floods and Class 4 hurricanes.
Whereas storm waves swept away buildings close to shore and torrential rains introduced file flood ranges to Florida’s marshy inside, the RMS estimated excessive storm surges of 150 mph (240 km/h). Winds have been liable for the lion’s share of losses. Florida Energy & Gentle warned prospects that they could possibly be with out electrical energy for lengthy intervals of time. About 185,000 prospects have been nonetheless ready for energy to be restored per week after the storm.
Hurricane Ian was additionally one of many worst storms by way of its human price, with a minimum of 102 lives misplaced as of Friday. US President Joe Biden claimed that Ian would possiblydeadlyHe made the remarks on Thursday after declaring the “hurricane in Florida historical past”nice calamity“Within the state.
The destruction from final month’s hurricane was solely dwarfed by Hurricane Katrina, which devastated New Orleans in 2005, inflicting $65 billion in damages—the equal of $89.7 billion when adjusted for inflation. Whereas Katrina was the deadliest within the twenty first century in America, killing greater than 1,800 folks, it paled compared to the Nice Galveston Hurricane of 1900, which reportedly killed 8,000.
Till Ian, no different Hurricane on file had come nearer to inflicting a degree of property injury than Katrina. In keeping with the Insurance coverage Data Institute, the subsequent costliest was final yr’s Hurricane Ida, which brought about $36 billion in injury.
Hurricane information collected by monetary providers agency Aon exhibits that hurricanes have been getting costlier lately, though it isn’t instantly clear whether or not it’s because the climate itself is extra extreme or the development is expensive and the seaside Extra have been created. Florida specifically noticed a big inflow of latest residents in the course of the COVID-19 pandemic, as households fled the stringent restrictions in states similar to New York and California for the relative independence of the Sunshine State.
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