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US Faces $95 Billion Loss from Devastating Hurricanes

1/24/2025

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Summary

Story summary

In September 2024, Hurricane Helene unleashed devastation across the US, racking up a staggering $75 billion in damages and claiming 243 lives. Just a month later, Hurricane Milton compounded the tragedy with an additional $20 billion in insured losses. With the US bearing 78% of global insured losses, cities like Dallas, Houston, and Denver faced the brunt of these catastrophic storms.

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Story summary

In September 2024, Hurricane Helene unleashed devastation across the US, racking up a staggering $75 billion in damages and claiming 243 lives. Just a month later, Hurricane Milton compounded the tragedy with an additional $20 billion in insured losses. With the US bearing 78% of global insured losses, cities like Dallas, Houston, and Denver faced the brunt of these catastrophic storms.