A natural catastrophe like a hurricane can completely upend a company's operations and finances. (Credit: Karen Roach/Adobe Stock)
The 2024 Hurricane Season officially kicked off June 1 and has already caused approximately $8.915 billion in damages, with Hurricanes Beryl and Debby being the primary contributors.
And it's not over yet: Colorado State University hurricane researchers are continuing to call for an extremely busy season, with a total of 23 named storms expected, 12 of them predicted to reach hurricane strength, and six of the 12 forecasted to reach major hurricane strength (Category 3, 4 or 5) with sustained winds of 111 mph or greater.
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