That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.

KEY POINTS

  • Hurricane Milton’s once-in-a-century potential could cause damage of more than $50 billion, with the potential to leave behind devastation approaching $175 billion or more in a worst-case scenario.
  • “A 1-in-100 year event is estimated by some to result in $175 [billion] in losses for landfall in the Tampa region, and $70 [billion] in losses in the [Fort] Myers region,” Jefferies analysts said.
  • @grueEnglish
    2•22 hours ago

    Eh, Scientology can afford it.

    (Seriously though, I wouldn’t be surprised if Clearwater uses its cult connections to finagle more than its fair share of relief funds and such and comes out less out-of-pocket than most.)