Insured Ida Losses

“AIR Worldwide, which models disaster impacts for the insurance industry, estimates Ida caused insured losses of $20 billion to $30 billion nationwide. (AIR did not estimate economic losses, which are always higher than insured losses, because some damage is...

Mississippi Tornado Damage

Tornadoes cause damage in Mississippi; Tupelo hit at night | The Seattle Times “Multiple tornadoes were reported across Mississippi on Sunday, destroying homes and uprooting trees before the storm system moved into Atlanta, prompting residents Monday to seek...

Lumber Prices Have Quadrupled Over the Last Year

https://www.kgw.com/article/news/local/supply-demand-and-covid-19-the-price-of-lumber-has-nearly-quadrupled-in-the-last-year/283-c6600923-3caf-4a02-93b2-383739a80545 …and shows little signs of stopping: “The sticker shock you might be feeling is all about...
Hail Causes Billions in Damage to TX and OK

Hail Causes Billions in Damage to TX and OK

https://www.zerohedge.com/weather/hailstorms-bombard-texas-oklahoma-causing-billions-dollars-damage Hailstorm causes $3 Billion in Damages. “AccuWeather Senior Vice President and Chief Meteorologist Jonathan Porter estimates “total damage and economic loss...