Hurricane news

Been traveling, so haven’t been passing along hurricane news. The industry has been dodging bullets.

Igor didn’t wreak damage commensurate with its menacing size or name. AIR puts Bermuda losses under $100 million. Most storms are powerless before high building standards, and Bermuda’s are the highest.

Losses from Karl appear to be between $200 million and $400 million.

Hermine, a tropical storm upon landfall, looks like a $100 million hit. Lots of flooding.

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