From Reuters, on Hurricane Idalia:
In Florida, UBS bank estimated average insured losses of $9.36 billion with a 50% chance of losses of over $4.05 billion and a 10% likelihood of losses of $25.6 billion, based on Aug. 28 data. The wide range reflected potential changes in the storm’s intensity and path.
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[…] a grim shadow over the financial landscape. Their calculations reveal average insured losses of $9.36 billion in Florida alone, signifying the immense financial toll on the […]