Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Hurricane Delta is poised to cause property damage to 293,685 single-family and multifamily homes across the Gulf Coast while amassing $62.85B in reconstruction costs
Damage incurred as a result of Hurricane Laura's surge is poised to impact at least 431,810 residences with over $88.6 billion in reconstruction costs across Texas and Louisiana
But the extension only lasts 4 months, the program is $20B in debt, and lawmakers delayed major reforms needed to keep it solvent in the long-term
A new study claims nearly 7 million homes are at risk of being damaged by hurricanes and other storms this year
Economic loss in Texas and Florida alone totals $168 billion