Hurricane Irene Sets Sights on States with Highest Values of Insured Coastal Property

Hurricane Irene is bearing down on the North Carolina coast on its way to affecting some of the most valuable states in the country in terms of insured coastal property.

By Chad Hemenway | August 26, 2011 at 04:58 AM

NU Online News Service, Aug. 26, 8:58 a.m. EST

For those who held out on worrying about Hurricane Irene and were sure the storm would eventually fizzle—that does not look to be the case.

Millions of people and possibly trillions of dollars in property remain in Irene's path, and the uncertainty surrounding the predicted track of the storm is narrowing.

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