Hurricane Helene’s Damages Expected to Surpass $160 Billion, Breaking Records

By Douglas McIntyre  •  October 1, 2024

Hurricane Helene’s damage estimates have reached $160 billion, potentially surpassing Hurricane Katrina’s $155 billion record. Most of the destruction has occurred in Florida and North Carolina, with assessments still ongoing. As hurricanes grow in strength and frequency, it’s likely that billion-dollar storms will become more common, possibly even within the current year.

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