Hurricane Milton could cost insurers up to $100 billion, analysts estimate

Insured losses from Milton could be from $60-$100 billion if the hurricane makes direct landfall in the densely populated area of Tampa, analysts at Morningstar DBRS said.

A loss of $100 billion would put Milton on a par with Katrina in 2005, they added, saying that insured losses would likely be "substantial but not catastrophic".

...