Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage.
And that is only an estimate of losses caused directly by the hurricane itself, and it doesn’t include any damage from at least nine tornados that accompanied the storm. The storm is believed to be responsible for at least 24 deaths across Florida. Still, despite the destruction and tens of billions of losses,
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