In this geocolor image captured by GOES-16 and released by the National Oceanic and Atmospheric Administration (NOAA), Hurricane Irma approaches Anguilla on Wednesday, Sept. 6, 2017. The most powerful Atlantic Ocean hurricane in recorded history has roared into the Caribbean, its winds ripping off roofs and knocking out phones. It's on a path toward Puerto Rico, the Dominican Republic, Haiti and Cuba before possibly hitting Florida. (NOAA via AP)

Updated: 5:45 p.m. ET

(Bloomberg) – Irma swept over islands in the Caribbean and barreled toward Puerto Rico with Florida in its sights as the Category 5 hurricane threatens to become the most expensive storm in U.S. history.

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