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BREAKING NEWS

Hurricane Michael insured losses will cost as much as $10 billion - AIR Worldwide

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Hurricane Michael insured losses will cost as much as $10 billion - AIR Worldwide

Hurricane Michael insured losses will cost as much as $10 billion - AIR Worldwide
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Carlo Allegri(Reuters)
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(Reuters) - Insured losses for wind and storm surge from Hurricane Michael will run between an estimated $6 billion and $10 billion, risk modeler AIR Worldwide <VRSK> said on Monday.

The estimate does not include losses paid out by the National Flood Insurance Program, AIR Worldwide said.

(Reporting by Suzanne Barlyn)

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