Sentences with phrase «cost of those hurricane»

Insurers and reinsurers are counting the costs of the hurricanes that tore into parts of the U.S., while ravaging several islands in the northern and eastern Caribbean.

Preliminary estimates say the cost of Hurricane Irma, which is threatening more than $ US 1 billion ($ 1.24 billion) in crops in Florida, is likely to be between $ 20 billion and $ 65 billion.

The cost of Hurricane Harvey, which devastated parts of Texas in recent weeks, is creeping up to $ 30 billion.

The price tag of Hurricane Harvey could be as high as $ 180 billion, exceeding the cost of hurricanes Katrina or Sandy, Texas Gov. Greg Abbot said.

Consequently, the National Flood Insurance Program is now $ 24.6 billion into debt, not even counting the projected $ 16 billion cost of hurricanes Harvey and Irma last year.

But insurance rates need to be allowed to rise so that ocean front property pays the cost of those hurricane repairs.

Other economic effects are often overlooked when calculating the cost of a hurricane.

However, while the social and financial costs of hurricane, tornado, and flood disasters are, of course, tremendous, droughts are one of the costliest of natural disasters in the United States.»

This is in accord with recent studies (Pielke, 2005; Pielke et al., 2008; Crompton and McAneney, 2008), which demonstrate the importance of demographic changes in driving the increasing economic cost of hurricane losses.

Economists from Mexico and Europe believe that somewhere between $ 2bn and $ 14bn of the financial costs of hurricane damage in 2005 could be attributed to the impact of global warming.

For example, the Stern Report stated that the cost of hurricanes would rise to 1.3 % of GDP (US) After publication, this figure was quietly «corrected» to 0.13 %

Other providers of Hurricane West Virginia online traffic schools play games with prices by advertising one price on their homepage, having customers sign up for their entire Hurricane West Virginia online traffic school program only to find out at the end of the registration process that they have to pay various hidden fees that increases the overall cost of their Hurricane West Virginia online traffic school programs.

Even though the area dodged the worst predictions, the true cost of Hurricane Irma is still unclear.

Not exact matches

Burt Flickinger, managing director of retail consultancy Strategic Resource Group estimates it cost the retailer about $ 50 million to deal with hurricanes Rita and Katrina in 2005 and expects Harvey's costs to top that.

As Hurricane Irma battered Florida, the cream of the insurance world — gathered under the Mediterranean sun in Monte Carlo — was assessing the costs of the storm for the global industry.

Uber's famous free - market pricing strategy did not make an exception for Hurricane Sandy, when many New Yorkers were displaced and the cost of taking an Uber car doubled.

The increased cost at the pump is due to higher demand, the lingering effect of Hurricane Harvey, OPEC production cuts and unrest in the Middle East, according to experts.

Jet Blue recently announced a cost - cap of $ 99 on flights out of Florida ahead of hurricane Irma.

Experts say it depends on several factors, including the cost and components of your trip, where you live and where you're headed, and what potential problems you're worried about (like that «extremely active» hurricane season).

Last year, a string of strong hurricanes that hit airlines» hubs cost airlines hundreds of millions of dollars in lost revenue, but clearing runways from a snowstorm is a much faster process than recovering from the floods, power outages, structural damage to airports and other infrastructure damage that 2017's storms caused.

With its excellent infrastructure and healthcare system, no hail storms, tornadoes or hurricanes, and the low cost of living, she says, Panama ticked all the right boxes.

Oppenheimer CEO John Anderson on Peruvian rains, California snowfall and why hurricanes drive up the cost of trucking

An initial package of $ 7.85 billion for Harvey victims was agreed upon, but with total costs expected to be as high as $ 190 billion — more than the combined costs of Hurricanes Katrina and Sandy — and with Hurricane Irma yet to make landfall in Florida, the federal aid amount could eventually run even higher.

Hurricane Harvey was a storm that affected countless people, devastated numerous homes and cost billions of dollars.

Food on Puerto Rico costs twice as much as it does in Florida, and that's before the devastation of the island's agriculture by Hurricane Maria.

That means taxpayers and the people most affected by the hurricanes will bear the largest costs of the storms.

Increased costs to insurers from the suits won't affect rates for hurricane insurance this year but could impact them next year, when insurers negotiate reinsurance contracts based in part on total losses from the September 2017 storm, the president of a large Florida - based insurer said.

The insurer told the market at the time significant weather catastrophes including Californian wildfires and December storms in Australia during the fourth quarter, coupled with some adverse development of Hurricane Maria, added around $ US130 million to the net cost of catastrophes.

Hurricane Harvey racked up total damage costs of $ 125 billion, second only to Hurricane Katrina in the 38 - year period of record keeping for billion - dollar disasters.

CubeSmart estimates $ 1.4 million in repair costs, net of insurance proceeds, for damages caused by hurricanes Harvey and Irma.

Estimates for longer - term rebuilding costs will take weeks or month to prepare, but the magnitude of the disaster could rival or exceed the damage from Hurricane Katrina in 2005, which cost taxpayers $ 110 billion.

Since uninsured losses from a hurricane are typically roughly equal to insured losses, this would put the cost of a repeat Donna at $ 52 billion in 2005.

Marathon has taken out a $ 10 million line of credit to cover Hurricane Irma recovery costs.

Having an address near a flood area or in the middle of hurricane territory will drive the average cost up higher compared to other locations.

After Hurricane Andrew the cost of plywood went through the roof and became very difficult to obtain in large quantities for building a new home or large addition.

-- candidates will get a clue and start buying Adwords with their name, but also the name of their opponents (hint: the latter won't like and will take it out on Google)-- everytime there'll be big news (hurricane, breaking news, Paris Hilton's latest...) which tends to draw lots of eyeballs to Google, expect the whatever - happened - today keyword to point to the page of a candidate's site with his / her position on the topic du jour — opponents will urge their supporters to engage in whack - an - adword games (also known as click fraud) to cost as much money per click as possible to the other campaign and drive up cost of acquisition of a new visitor to the advertiser's site.

The United States set a new record last year for the total cost of weather and climate change - related disasters that exceeded $ 1 billion, driven largely by wildfires and hurricanes.

Initiated in the aftermath of Hurricane Sandy while the A train was out of service for months, the ferry is subsidized by the City at an annual cost of approximately $ 6 million.

As a result of the Attorney General's investigation into high gas prices during Hurricane Sandy, Attorney General Schneiderman secured over $ 300,000 in penalties and costs from more than 40 gas stations in New York City, Long Island, and the Hudson Valley that gouged their customers.

With Hurricane Maria still smashing up Puerto Rico, the economic costs of this year's hurricane season continue to grow by thHurricane Maria still smashing up Puerto Rico, the economic costs of this year's hurricane season continue to grow by thhurricane season continue to grow by the minute.

Emergency Hurricane Harvey Supplemental Appropriations — Vote Passed (419 - 3, 11 Not Voting) Frelinghuysen, R - N.J., motion to suspend the rules and agree to the resolution that would provide for the House to concur in the Senate amendments to a bill (HR 601) that would codify practices and programs at the United States Agency for International Development related to U.S. education assistance abroad, with further amendment that would appropriate $ 7.9 billion in emergency supplemental funding for fiscal 2017 as an initial payment to cover the costs of responding to Hurricane Harvey.

Governor Andrew Cuomo announced last week that Southold Town has been awarded a $ 30,000 grant to cover the costs of damages caused by Hurricane Sandy at Cutchogue's Downs Farm / Fort Corchaug Preserve.

And Cuomo last week all but ruled out tax increases next year, despite the growing costs of dealing with Hurricane Sandy, while earlier this year, Mayor Bloomberg quashed a similar booze crackdown.

McConnell, R - Ky., motion to concur in the House amendment to the bill with a Senate amendment that would make available $ 15.25 billion in emergency supplemental funding for fiscal 2017 to partially cover the costs of responding to multiple natural disasters, including Hurricane Harvey.

SAN JUAN, Puerto Rico — President Donald Trump commended rescue workers and passed out supplies to storm victims as he toured Puerto Rico on Tuesday, while also saying that the costs tied to Hurricane Maria have «thrown our budget a little out of whack,» drawing rebukes from Democrats who called the remarks callous.

Estimates are just emerging for how much it will cost to repair the damage wrought by Hurricane Harvey to a region of 6.8 million people.

«Hurricane Irene inflicted major damage up and down the length of Minisceongo Creek, affecting homes and businesses in the area and resulting in significant cleanup and repair costs for the town,» said Haverstraw Supervisor Howard Phillips.

$ 2.9 million for Rockland and $ 14 million to five counties in the Hudson Valley Governor Andrew M. Cuomo Wednesday announced that New York State will cover the local share of disaster response and recovery costs resulting from Hurricane Irene and Tropical Storm Lee in five counties in the Hudson Valley.

His main research interests are in the development and application of probabilistic concepts and methods to civil and marine engineering, including: structural reliability; life - cycle cost analysis; probability - based assessment, design, and multi-criteria life - cycle optimization of structures and infrastructure systems; structural health monitoring; life - cycle performance maintenance and management of structures and distributed infrastructure under extreme events (earthquakes, tsunamis, hurricanes, and floods); risk - based assessment and decision making; multi-hazard risk mitigation; infrastructure sustainability and resilience to disasters; climate change adaptation; and probabilistic mechanics.

Hurricane Maria: $ 90 Billion When: September 19 to 21, 2017 Deaths: 65 The damage: The costs of damage caused by Hurricane Maria are still being estimated as slow recovery continues on the island.