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RMS Reduces Dennis Figures; Emily May Miss U.S.

A risk modeling firm reduced its Hurricane Dennis maximum damage estimate by $2 billion, as experts said today that the next oncoming hurricane stands ...

By Mark E. Ruquet | Updated on February 18, 2005

A risk modeling firm reduced its Hurricane Dennis maximum damage estimate by $2 billion, as experts said today that the next oncoming hurricane stands a good chance of striking Mexico by early next week but will likely miss the U.S. mainland.

Risk Management Solutions, a risk modeling firm based in Newark, Calif., lowered its insured loss estimate from Hurricane Dennis to between $1 billion and $3 billion. Shortly after Dennis struck on Sunday, RMS issued a loss estimate range from $1 billion to $5 billion.

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