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.
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.