Rising Hurricane Costs: How Climate Change is Driving Billion-Dollar Storms Further North

Doug McIntyre discusses the rising costs of hurricanes, highlighting Hurricane Debby, which AccuWeather estimates will cost $28 billion. With warming oceans, especially in the North Atlantic, storms are becoming stronger and affecting regions further north. This increased intensity, along with rising insurance rates and more property at risk, suggests that the financial impact of future hurricanes could be even more severe.