Skip to Content

Helene and Milton are both likely to be $50 billion disasters, joining ranks of most costly storms

AP Science Writer

Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but experts in economics, insurance and risk say they are likely to be in the pantheon of super-costly $50 billion disasters. That would put them in the company of storms like Katrina, Sandy and Harvey. Making those costs even more painful is that most of that damage, particularly in Helene’s case, was not insured. Several experts say damages are skyrocketing because people are building in harm’s way, reconstruction costs are soaring faster than inflation and human-caused climate change is making storms stronger and wetter.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content