Destroyed houses in the coastal neighborhood of El Muelle after Hurricane Iota made landfall in Bilwi, Nicaragua, on Friday, Nov. 20, 2020. Hurricane Iota slammed into Central America as the Atlantic's strongest storm of the year, bringing catastrophic winds and torrential rain. (Photo: Carlos Herrera/Bloomberg) Destroyed houses in the coastal neighborhood of El Muelle after Hurricane Iota made landfall in Bilwi, Nicaragua, on Friday, Nov. 20, 2020. Hurricane Iota slammed into Central America as the Atlantic's strongest storm of the year, bringing catastrophic winds and torrential rain. (Photo: Carlos Herrera/Bloomberg)

The 2020 Atlantic hurricane season broke all kinds of records this year, but the latest economic damage estimates don't quite match the level of activity.

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