Expert: Frances Could Cause $60 Billion Damage
By Daniel Hays
NU Online News Service, Sept. 2, 4:20 p.m. EDT?Insurance experts said today that if Hurricane Frances stays on its projected course for Florida, it could inflict insured losses well above the estimated $6.8 billion damage level of Hurricane Charley, with one saying a maximum-level hit could cause $60 billion in total destruction.[@@]
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.