Verisk Estimates Insured Losses for Hurricane Melissa
Verisk estimates that insured losses for Hurricane Melissa will range from $2.2 billion to $4.2 billion.
Meteorological History of Melissa
Melissa became a hurricane on October 21 and underwent rapid intensification on October 25 due to warm sea surface temperatures and low wind shear.
The hurricane set a record as the most intense to make landfall in Jamaica and tied for the most intense globally since record-keeping began in 1851.
Estimated wind and precipitation-induced flood losses from Melissa's track across Jamaica are included in the industry loss range, with most of the loss attributable to wind.
Author's summary: Verisk estimates $2.2-4.2 billion insured losses.
More News
- Inside Nike and LA Rams’ “In The Field”
- Opinion | Guest column: Support Ballot Issue 1A to fund road, bridge projects without any new taxes
- Kimberly-Clark to Acquire Tylenol Maker Kenvue in $48.7 Billion Deal, Creating Global Consumer Health Giant
- EXCLUSIVE: Dan Fogelman gives updates on 'Paradise' and details first days of filming his new show
- Knickerbocker Theatre to Host Four Humphrey Bogart Films Beginning Nov. 10
- More Upward Revisions On AI Infrastructure Spending
- Cycling Eurovelo 3, from Northern France to Belgium
- Knickerbocker to Host Special Screening of “The Most Precious of Cargoes” Nov. 13–14
- Mehbooba moves HC seeking return of J&K undertrials from outside jails
- DJ Carey Sentenced for Fraud