Estimates of insured losses from this year’s hurricanes are still being calculated by carriers and modeling companies, and the numbers vary, based on what information underlies the estimates. The most recent estimates from Karen Clark & Company (KCC) using the company’s high-resolution Caribbean Tropical Cyclone model show insured losses from Hurricane Maria will reach $30 billion.

The modeled estimates include wind losses to residential, commercial, and industrial properties. Modeled property losses were increased by 20% to account for auto losses, insured flood damage, and additional demand surge.

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