Filed Under:Claims, Catastrophe & Restoration

Expect a $10b Loss Every Four Years from Hurricanes

The track of
The track of "The Great Miami Hurricane," which made landfall on Sept. 18, 1926 near downtown Miami.

NU Online News Service, Aug. 21, 2:55 p.m. EDT

A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume. In fact, the United States can anticipate insured losses of at least $10 billion from a hurricane an average of every four years, based on an analysis of more than a century of hurricane experience. 

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