This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: These are the costliest hurricanes in US historical past
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Economy > These are the costliest hurricanes in US historical past
Economy

These are the costliest hurricanes in US historical past

Editorial Board Published October 11, 2024
Share
These are the costliest hurricanes in US historical past
SHARE

Bradenton, Florida, Police Chief Melanie Bevan discusses the injury brought on by Hurricane Milton on Cavuto: Coast to Coast.

Hurricane season is in full pressure, with the U.S. coping with the aftermath of a pair of damaging and lethal hurricanes in fast succession.

The southeastern U.S. has been hit by back-to-back hurricanes in latest weeks, with Hurricane Helene bringing devastating flooding to elements of North Carolina and Tennessee two weeks in the past, whereas Hurricane Milton spawned a variety of damaging tornadoes at the same time as Florida’s Gulf Coast was spared the worst of its storm surge when it made landfall Wednesday.

The financial toll of these two hurricanes continues to be being tabulated as insurance coverage claims are available in amid the cleanup whereas companies and colleges return to regular operations.

Whereas the 2024 hurricane season’s storms so far have introduced each a human and financial toll to impacted areas, they thankfully have not ranked among the many costliest hurricanes in U.S. historical past. This is a have a look at the most economically expensive hurricanes in U.S. historical past.

These are the costliest hurricanes in US historical past

On this aerial view, flood waters inundate a neighborhood after Hurricane Milton got here ashore on October 10, 2024, in Punta Gorda, Florida. (Joe Raedle/Getty Pictures / Getty Pictures)

HURRICANE HELENE CAUSED BETWEEN $8B AND $14B IN PRIVATE INSURED LOSSES: MOODY’S

#5 – Hurricane Harvey

Hurricane Harvey struck the southern and japanese U.S., significantly Texas and Louisiana, in 2017. It introduced catastrophic flooding brought on by rainfall within the Houston metro space and stays the wettest tropical cyclone the U.S. has skilled.

Hurricane Harvey

Folks stroll down a flooded avenue as they evacuate their houses after the realm was inundated with flooding from Hurricane Harvey on August 28, 2017, in Houston, Texas. (Picture by Joe Raedle/Getty Pictures / Getty Pictures)

It inflicted injury amounting to roughly $30 billion in insured injury primarily based on 2017 {dollars} (or $37.6 billion in 2023 {dollars}), in accordance with a report by the Insurance coverage Data Institute (III) citing Aon knowledge.

#4 – Hurricane Sandy

Hurricane Sandy impacted your complete Atlantic Coast and 24 states, together with these close to the Nice Lakes, when it hit in 2012, and introduced extreme flooding and storm surge to New York and New Jersey.

Hurricane Sandy

Waves break in entrance of a destroyed amusement park wrecked by Hurricane Sandy on October 31, 2012, in Seaside Heights, New Jersey. (Picture by Mario Tama/Getty Pictures / Getty Pictures)

Sandy precipitated about $30 billion in insured injury when utilizing 2012 {dollars}, or $39.9 billion in 2023 {dollars}, per the III report.

SAFETY TIPS FOR USING PORTABLE GENERATORS

#3 – Hurricane Ida

Hurricane Ida made landfall in Louisiana in 2021 as one of many strongest storms to ever hit the state. It went on to convey tornadoes and catastrophic flooding because it made its manner from the Gulf Coast inland in direction of the Northeast.

Hurricane Ida

Palm bushes sway throughout Hurricane Ida in New Orleans, Louisiana, U.S., on Sunday, Aug. 29, 2021. (Photographer: Luke Sharrett/Bloomberg through Getty Pictures / Getty Pictures)

Ida precipitated $36 billion in injury primarily based on 2021 {dollars}, or about $40.5 billion when utilizing 2023 {dollars}, in accordance with the III report.

#2 – Hurricane Ian

Hurricane Ian struck Florida in 2022 and was the state’s deadliest for the reason that 1935 Labor Day hurricane. The storm went on to inflict extra injury within the Carolinas and Virginia.

Hurricane Ian

Boats are left stranded on the shore within the aftermath of Hurricane Ian in Fort Myers, Florida, on September 29, 2022. (Picture by GIORGIO VIERA/AFP through Getty Pictures / Getty Pictures)

Ian inflicted $54 billion in insured losses primarily based on 2022 {dollars}, or practically $55.8 billion in 2023 {dollars}, primarily based on the evaluation by Aon and III.

O’LEARY DISMISSES CONCERNS OVER FLORIDA HURRICANES’ IMPACT ON BOOMING REAL ESTATE

#1 – Hurricane Katrina

Hurricane Katrina hit the Gulf Coast in 2005 and precipitated devastating flooding in New Orleans after town’s flood safety system failed. The storm precipitated 1,392 fatalities, in accordance with the Nationwide Hurricane Heart.

Hurricane Katrina

Flood waters from Hurricane Katrina cowl streets in New Orleans, Louisiana, on August 30, 2005. (Picture by POOL/POOL/AFP through Getty Pictures / Getty Pictures)

Katrina precipitated $65 billion in insured losses in 2005 {dollars}, or about $101.9 billion in injury primarily based on 2023 {dollars}, in accordance with III and Aon.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

TAGGED:Costlyhistoryhurricanes
Share This Article
Twitter Email Copy Link Print
Previous Article Camden Francis: Building a Legacy of Innovation and Compassion Camden Francis: Building a Legacy of Innovation and Compassion
Next Article Master’s Counselling Relocates to a New Location to Better Serve Calgary Clients Master’s Counselling Relocates to a New Location to Better Serve Calgary Clients

Editor's Pick

Adam the Woo Reason for Dying: Beloved YouTuber Was 51

Adam the Woo Reason for Dying: Beloved YouTuber Was 51

Studying Time: 2 minutes David Adam Williams — the journey influencer identified to his followers as Adam the Woo —…

By Editorial Board 3 Min Read
Romy Reiner ‘Lived In Concern’ of Brother Nick Reiner, Supply Claims
Romy Reiner ‘Lived In Concern’ of Brother Nick Reiner, Supply Claims

Studying Time: 3 minutes It’s been simply over per week since Rob…

5 Min Read
Pat Finn Reason behind Demise: ‘Pals,’ ‘Seinfeld’ Star Was 60
Pat Finn Reason behind Demise: ‘Pals,’ ‘Seinfeld’ Star Was 60

Studying Time: 2 minutes We've got tragic information to report from the…

3 Min Read

Oponion

Paige DeSorbo Counters Craig Conover: He is Enjoying the Sufferer

Paige DeSorbo Counters Craig Conover: He is Enjoying the Sufferer

Studying Time: 3 minutes Paige DeSorbo desires to clear the…

May 7, 2025

8 Finest Aquatic Colognes for Males: Contemporary & Crisp In 2025 | Fashion

We independently consider all really useful…

March 7, 2025

Mackenzie McKee: I am going to Threat Getting Pregnant With Twins As a result of…

Studying Time: 3 minutes Mackenzie McKee…

March 21, 2025

California actual property mogul: ‘Put politics apart and get Los Angeles rebuilt’

Actual property mogul Mauricio Umansky says…

January 25, 2025

Two extra ex-FCI Dublin guards plead responsible to sexually abusing inmates

OAKLAND — Two extra former correctional…

August 8, 2025

You Might Also Like

0k cargo of reside lobsters hijacked en path to Midwest Costco areas
Economy

$400k cargo of reside lobsters hijacked en path to Midwest Costco areas

Try what's clicking on FoxBusiness.com. A $400,000 cargo of lobsters headed for Costco areas in Illinois and Minnesota was hijacked…

4 Min Read
Jack within the Field shut down greater than 70 shops with extra anticipated by yr’s finish over monetary struggles
Economy

Jack within the Field shut down greater than 70 shops with extra anticipated by yr’s finish over monetary struggles

Try what's clicking on FoxBusiness.com. Jack within the Field plans to shut dozens of eating places by the top of…

3 Min Read
Vacation barks offered at Aldi recalled over potential undeclared pecans, wheat: FDA
Economy

Vacation barks offered at Aldi recalled over potential undeclared pecans, wheat: FDA

Take a look at what's clicking on FoxBusiness.com. A recall of 5-ounce vacation bark merchandise offered at Aldi shops throughout…

3 Min Read
Mortgage charges fall forward of Christmas vacation
Economy

Mortgage charges fall forward of Christmas vacation

'The Huge Cash Present' panel analyzes the state of the housing market after mortgage charges fall to a one-year low.…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?