Verisk pegs onshore property loss from Milton at $30bn-$50bn
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Verisk pegs onshore property loss from Milton at $30bn-$50bn

Most of the insured loss was attributable to wind.

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Insured industry losses to onshore property for Hurricane Milton will fall between $30bn and $50bn, according to Verisk.

The estimate – compiled by Verisk’s Extreme Event Solutions group – includes losses due to wind, privately insured estimates of storm surge...

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