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This is a list of the costliest Atlantic hurricanes, with US$1 billion in property damage, broadly capturing the severity of the damage each tropical cyclone has caused. The list includes tropical storms, a tropical cyclone with a peak 1-minute maximum sustained wind in the range of 39–73 mph (63–118 km/h), placing them below the 74 mph ...
The costs of disasters vary considerably depending on a range of factors, such as the geographical location where they occur. When a large disaster occurs in a wealthy country, the financial damage may be large, but when a comparable disaster occurs in a poorer country, the actual financial damage may appear to be relatively small.
Hurricane Milton, which ripped through Florida in early October, has caused between $160 billion and $180 billion in economic loss and total damage so far, according to the analysis.
Hurricane Iniki of the 1992 Pacific hurricane season is still the costliest central Pacific hurricane on record. [13] Only six Pacific hurricanes have caused over one billion dollars in damage; the three mentioned above, as well as Hurricane John, Hurricane Odile and Tropical Storm Agatha. [14] [15] [16]
Hurricanes and tropical storms have caused economic losses of nearly $500 billion as they have ravaged the country this year, according to analysis by AccuWeather. Experts estimated that the ...
Extreme weather events in 2024 will ultimately cost Americans more than $500 billion in total damage, according to a new estimate from AccuWeather. That steep sum comes after a year filled with ...
Billions in damage during 2024 hurricane season. Moody’s, Gallagher Re and CoreLogic, a property data and analysis firm, have released preliminary estimates of insured losses and the economic ...
The hurricane spawned a deadly tornado outbreak and caused widespread flooding in Florida. As of October 21, 2024, Hurricane Milton killed at least 35 people: 32 in the United States and three in Mexico. Current damage estimates place the cost of destruction from the storm at US$34.3 billion. [9]