Hurricane Dorian could hit the insurance industry with more than $25 billion in losses, UBS says

Credit: Business Insider- Published on September 3, 2019
· *Hurricane Dorian could cost insurers more than $25 billion, according to recent research from UBS.*
· *The analysts said the storm could bring total losses of as much as $40 billion, depending on where it lands on Florida's coast.*
· *Though reinsurers have built up $30 billion in excess capital since 2017's Hurricane...

Video credit: Wochit News
Published on September 2, 2019 -  00:45
Airports Shut, Flights Cancelled As Dorian Roars Towards East Coast
As Hurricane Dorian approaches the East Coast, more than 1,000 flights have been canceled in the U.S. At least three airports are closing in Florida, where hurricane conditions are expected as early as Monday night. The hurricane's path has been unusually unpredictable, but it is likely to affect Florida Georgia, and South Carolina. Business Insider reports over a million people across the three states have been ordered to evacuate their homes.

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