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Dennis Loss May Exceed $2.5 Billion

Modelers' early estimates of the insured losses from Hurricane Dennis' strike on the Florida panhandle put it between $1 billion and $8 billion.The highest ...

By Staff Writer | Updated on February 18, 2005

Modelers’ early estimates of the insured losses from Hurricane Dennis’ strike on the Florida panhandle put it between $1 billion and $8 billion.

The highest estimate, from Eqecat in Oakland Calif. made at 3:45 p.m. Sunday, put the possible loss at $3 billion to $8 billion, while a later estimate from AIR Worldwide in Boston put the figure at from $1 billion to $2.5 billion.

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