$6-$10bn in damage from Wilma's Florida surge
Insured losses in the U.S. from Hurricane Wilma are likely to range from $6 to $10 billion, according to Risk Management Solutions. This estimate, based on current information on landfall location and wind speeds, is comprised of onshore damage resulting from wind and coastal storm surge, business interruption, and increased costs for materials and services needed for repairs (demand surge).
Hurricane Wilma made landfall at 6:30 am Eastern Daylight Time on the southwest Florida coast near Cape Romano (20 miles west of Everglades City) as a category 3 hurricane with maximum sustained windsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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