“$150 Billion Misfire: How Forecasters Got Irma Damage Wrong,” by Bloomberg’s Brian Sullivan: “By one estimate, the total cost dropped to about $50 billion Monday from $200 billion over the weekend.”
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“Bermuda High kept Irma from becoming the costliest U.S. storm … Westward shift and weakening checked ‘astronomical’ damage.”
“The company’s most recent estimate is for $49.5 billion in Irma costs for Florida … Andrew’s were an inflation-adjusted $47.8 billion … Harvey … could end up between $65 billion to $75 billion.”
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