Catastrophe-modeling firm Karen Clark & Company has estimated that the insured loss to onshore properties from Hurricane Delta will be nearly $1.25 billion, including $950 million in wind and storm-surge losses in the US and $300 million in wind losses in Mexico.
KCC’s estimate includes privately insured wind and storm-surge damage to residential, commercial, and industrial properties and automobiles. It does not include National Flood Insurance Plan losses or losses to offshore assets. The estimate does not include any potential impacts on losses due to the COVID-19 pandemic…Read More >>