Verisk Estimates Insured Losses for Hurricane Melissa
Verisk estimates that insured losses for Hurricane Melissa will range from USD 2.2 billion to USD 4.2 billion.
Hurricane Melissa set a record as the most intense hurricane to make landfall in Jamaica and tied for the most intense hurricane landfall globally since recordkeeping began in 1851.
According to the Extreme Event Solutions group at Verisk, the industry loss range includes estimated wind and precipitation-induced flood from Melissa's track across Jamaica, with most of the modeled loss attributable to wind.
Meteorological History of Melissa
Melissa became a hurricane on October 21, and exceptionally warm sea surface temperatures and low wind shear ignited a period of rapid intensification on October 25.
Estimated losses are between USD 2.2 billion to USD 4.2 billion.
Author's summary: Verisk estimates Hurricane Melissa's insured losses at USD 2.2-4.2 billion.
More News
- New coach leads Genoa to first win of season against Sassuolo
- President Droupadi Murmu condoles Rangareddy bus accident
- YSRCP President YS Jagan Mohan Reddy mourns loss of lives in Rangareddy accident
- Ex-gratia of Rs. 2 lakhs by RTC will be given to families of Rangareddy accident victims, says Telangana minister Ponnam Prabhakar
- Grateful Dead vocalist Donna Jean Godchaux-MacKay dies at 78 | Fingerlakes1.com
- Kimberly-Clark acquires Kenvue in $48.7 billion deal
- EXCLUSIVE: Dan Fogelman gives updates on 'Paradise' and details first days of filming his new show
- Hilary Duff Announces First New Single in 10 Years
- 19 killed, 20 injured in lorry-bus collision incident in Telangana's Rangareddy district: Cyberabad Police Commissioner
- Inside Nike and LA Rams’ “In The Field”