Insurance industry says Southeast dodged a bullet only suffered 3 billion to 5 billion in insured losses

Insurance industry says Southeast dodged a bullet only suffered 3 billion to 5 billion in insured losses

JACKSONVILLE, Fla. – Saying the insurance industry “dodged a bullet,” a reinsurance firm Thursday estimated that Hurricane Idalia caused $3 billion to $5 billion in insured losses. The firm, BMS, pointed to Idalia making landfall Wednesday in the Keaton Beach area of rural Taylor County before moving through other sparsely…Read More

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