RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions provider, estimates total private market insured losses from Hurricane Ian to be between $53 billion and $74 billion, with $67 billion being the best estimate. RMS also estimates that the storm surge and inland flooding could cost the National Flood Insurance Program (NFIP) an… Continue reading RMS Estimates $67 Billion in Insured Losses from Ian
Tag: Ian damage
Supply Chain Challenges Will Complicate Rebuilding Efforts after Ian
The difficult task of rebuilding communities devastated by Hurricane Ian is expected to be exacerbated by a problem that has persisted since the pandemic’s inception: clogged supply chains. After landing as one of the strongest storms to hit the United States, Ian wreaked havoc across Florida, knocking out power to more than 2 million homes… Continue reading Supply Chain Challenges Will Complicate Rebuilding Efforts after Ian