Hurricane Charley Loss Could Have Been Worse
Speed and path of storm, better building codes cited in second worst storm everWhile it could have been a lot worse, the estimated $7.4 billion in insured damages wreaked by Hurricane Charley will still rank it as the second most costly hurricane in the nation's history.
The Insurance Information Institute in New York put the most exact figure on the insured damages, while other modelers chose to stick to a range of $6-to-$10 billion.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
