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Eqecat: Insurers to Pay $1.5B-$2.8B from Irene

Catastrophe modeler Eqecat says the U.S. can expect $1.5 billion to $2.8 billion in insured losses from Hurricane Irene.

By Chad Hemenway | Updated on August 31, 2011
A bridge on Route 73 lies in the river in this aerial view on Tuesday, Aug. 30, 2011 in Rochester, Vt. All access to the town has been cut off. National Guard helicopters rushed food and water Tuesday to a dozen Vermont towns cut off by flooding from the rainy remnants of Hurricane Irene in a deluge that took inland areas of New England and upstate New York by surprise with its ferocity.(AP Photo/Toby Talbot)

NU Online News Service, Aug. 31, 9:49 a.m. EDT

Catastrophe modeler Eqecat says the U.S. can expect $1.5 billion to $2.8 billion in insured losses from Hurricane Irene.

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