Up to $150mn insured losses so far as Earl heads towards Carolinas
As Hurricane Earl continues on a track that flirts with landfall in North Carolina and states further up the Eastern seaboard, insured losses from the damage it wreaked in the Caribbean have been put as high as $150mn.
Modelling firm AIR Worldwide said it estimates a range of insured losses between $50mn and $150mn in Virgin Islands, Puerto Rico, St Maarten and St Martin.
And despite Earl having weakened from Category 4 to Category 3 earlier today (1 September), the...
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