Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl Will Range Between USD 2 Billion to USD 3 Billion

Meteorological History of Beryl Impacts on the Built Environment Excess impacts due to power failures which may not be implicitly modeled Losses from storm surge Losses paid out by the National Flood Insurance Program Losses exacerbated by litigation, fraudulent assignment of benefits, or social inflation Storm surge leakage losses paid on wind only policies due to government intervention Losses from precipitation-induced flooding Losses to inland marine, ocean-going marine cargo and hull, and pleasure boat ...