Insured losses from historic major hurricanes in the Florida Panhandle area have reached $5bn-$19bn in today’s dollars, but Category 1-2 hurricanes have led to losses of less than $1bn, a Wells Fargo analyst has said.
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Insured losses from historic major hurricanes in the Florida Panhandle area have reached $5bn-$19bn in today’s dollars, but Category 1-2 hurricanes have led to losses of less than $1bn, a Wells Fargo analyst has said.