Monday, August 29, 2005

Katrina Bearing Down on Andrew's Record

Hurricane Katrina is on it's way to becoming the costliest hurricane in US history. Risk management firm Eqecat estimates costs to the US insurance industry at between $12 and $25 billion so far.

The current record holder is 1989's Hurricane Andrew which did $15.5 billion in insured damage.

The Associated Press has a list of the 15 costliest Hurricanes (and one tropical storm) in US history. It's list takes into account more than just the insured losses. (CNN)

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