"2023's Hurricane Idalia: The Costliest Climate Disaster for the US"

TL;DR Summary
Hurricane Idalia, a category 3 storm, has the potential to become the costliest climate disaster in the US this year, with estimated costs ranging from $9.36 billion to $20 billion. This hurricane follows a series of unprecedented heatwaves, wildfires, storms, and floods that have already caused $39.7 billion in damages by the end of July. The impact of Hurricane Idalia on the already fragile insurance market in Florida could lead to higher premiums for consumers and exacerbate the home insurance crisis. Experts emphasize the need for resilience and sustainability in building stronger homes to mitigate the increasing costs of climate disasters.
Topics:nation#climate-disaster#florida#hurricane-idalia#insurance-industry#natural-disasters#risk-management
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
86%
710 → 101 words
Want the full story? Read the original article
Read on The Guardian US