Key Takeaways Hurricane Milton has the potential to cause tens of billions of dollars in damage, according to some estimates.Historically, shares of insurers have declined in the lead-up to a major storm's landfall and then recover after losses are quantified,

By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) -Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could boost some insurance companies' shares,

Very few homeowners have flood insurance, and the National Flood Insurance Program is $20 billion in debt. As disasters increase, what is the solution? Asheville, North Carolina is a mountain city more than 2,

FOX Business' Gerri Willis on the 'slow and painful recovery' for homeowners without flood insurance to rebuild after facing damages from the storm.

Insurance industry experts are calling Hurricane Helene a wake up call for the region after the storm surged through Western North Carolina, leaving behind billions in uninsured damages. Just one in 200 homes in the region has flood insurance,

Helene caused $30.5 billion to $47.5 billion in property damage across 16 states after striking the Florida Panhandle and carving a path of destruction across the Southeast late last month.

Hurricane Helene losses covered by private insurance could reach an estimated $14 billion according to new estimates. Moody's says that U.S. private market insured losses from the deadly storm that tore across several southern states will be between $8-14 billion,