Hurricane Francine’s $9 Billion Price Tag

Doug McIntyre discusses the financial impact of Hurricane Francine, which caused $9 billion in damages, according to AccuWeather. While the storm wasn’t massive compared to hurricanes like Katrina, it signals that larger hurricanes could lead to damages upwards of $50-100 billion. Rising home insurance costs and falling real estate values in vulnerable areas are a direct result of these increasingly destructive storms caused by climate change.