Claims News Service, July 24, 10:57 a.m. EST –Estimates of the U.S. insured losses from Hurricane Dolly are ranging anywhere from $100 million to $1.2 billion.

Guy Carpenter projects initial insured losses anywhere from $100 million to $1.2 billion, while AIR Worldwide estimates the damage falling between $300 million and $1.2 billion. Risk Management Services (RMS) has the lowest high-end projection, saying that losses from Dolly should not exceed $750 million.

The considerable uncertainty in the loss estimates is due to Dolly's slow forward motion, its significant precipitation, and the uncertainty in its future track. In the coastal region of Texas, a 10-mile difference north or south has considerable impact on losses due to varied population zones.

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
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.