Hurricane experts have been predicting a busier season than we've been used to recently, with 14 to 19 named storms.
Now that Hurricane Jose is looming in the Atlantic Ocean, and Hurricane Katia is swirling in the Gulf of Mexico, there have been 11 named storms so far, and Tropical Depression 14 shows signs of becoming a tropic storm, possibly another named hurricane in the second half of September.
Hurricane Harvey hit sections of Texas causing massive flooding, then Hurricane Irma cut a swath of destruction across the Caribbean before heading to the U.S. mainland. According to catastrophe modeling firm AIR Worldwide, the estimate of combined insured losses from Irma will be between $20 billion and $40 billion. For selected Caribbean islands, the estimates of insured losses vary from $5 billion to $15 billion. The complicating factor in estimating losses is that, as with many natural disasters, the extent of damage won't be known for days, weeks or even months.
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