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It also reported that severity increased by 17% in the same period. -
The estimate applies to a landfall south of Tampa Bay.
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Paul spent five years at Gallagher Re in addition to 10 years at Guy Carpenter.
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The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
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The government-backed scheme has greater take-up in areas in Milton’s path.
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Restrengthening to Category 5 is still possible, Siffert warns.
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Earlier this week, Moody’s RMS Event Response estimated the event would cost $8bn-$14bn.
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Prior forecasts indicated a more northward track towards Tampa Bay and St Petersburg.
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The storm is now predicted to make landfall south of Tampa Bay.
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Milton stole the limelight from slightly stuck PE-backed brokers, acquisitive globals and the casualty conundrum.
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Despite pricing declines, state funds recorded their third year of DWP growth.
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The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.
