Helene and Milton are both likely to be $50 billion disasters, joining ranks of most costly storms

(16 Oct 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
ARCHIVE: Brandon, Florida – 11 October 2024
1. Man walking through high water caused by Hurricane Milton
2. Various of flooded street and homes

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ASSOCIATED PRESS
Asheville, North Carolina – 15 October 2024
3. SOUNDBITE (English) Adam Smith, NOAA applied climatologist and economist:
"When we start to get $50 billion or higher in total direct losses included in insured and uninsured losses. I think that’s what… that’s an arbitrary threshold that really seems to differentiate truly historic events within the hundreds and hundreds of billion dollars of disasters that we have cataloged over the decades. So 50 billion and up. And I think that Helene and Milton will likely approach, if not exceed that threshold."

ASSOCIATED PRESS
ARCHIVE: Asheville, North Carolina – 27 September 2024
4. Various of flooded intersection
5. Water rushing by sign

ASSOCIATED PRESS
Asheville, North Carolina – 15 October 2024
6. SOUNDBITE (English) Adam Smith, NOAA applied climatologist and economist:
"I’ve told people the impacts from Helene are really like western North Carolina’s Katrina or Sandy. That’s how impactful it has been to people to infrastructure, to business, to tourism, to the economy, to loss of life and livelihood. It’s been devastating and it will take years to recover."

ASSOCIATED PRESS
ARCHIVE: Swannanoa, North Carolina – 1 October 2024
7. Various of search and rescue dog and handler searching for victims
8. Damaged home

ASSOCIATED PRESS
London – 15 October 2024
9. SOUNDBITE (English) John Dickson, president of Aon Edge flood insurance:
"The areas of the country that were most impacted by Helene, by most measures, far less than 5% of the citizens impacted carried flood insurance. And so what we’re saying time and again, people are making decisions based on outdated information."

ASSOCIATED PRESS
ARCHIVE: Pensacola, North Carolina – 3 October 2024
10. Tracking shot of a broken road, debris fell into the river

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ASSOCIATED PRESS
London – 15 October 2024
11. SOUNDBITE (English) John Dickson, president of Aon Edge flood insurance:
"Today’s storms, today’s events are simply vastly different from from yesterday’s events. One of the things that we’re seeing is the energy content that these systems can retain is significantly greater than it used to be. And the ability for these systems to sustain that energy is is vastly different."

ASSOCIATED PRESS
ARCHIVE: Bradenton Beach, Florida – 10 October 2024
12. Various of house off stilts after Hurricane Milton
13. Wide of debris with damaged building in background
14. Damaged building

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ASSOCIATED PRESS
Columbia, South Carolina – 15 October 2024
15. SOUNDBITE (English) Susan Cutter, director of the Hazards Vulnerability and Resilience Institute at the University of South Carolina:
"These types of tropical systems are rapidly intensifying in the Gulf because of the very, very warm gulf that is directly related to climate change. And with increasing climate changes and heating, we’re going to see more and more intensification of these types of storms. And we’re not really prepared for that rapid intensification."

ASSOCIATED PRESS
ARCHIVE: Bradenton Beach, Florida – 10 October 2024
16. Various of damage after Hurricane Milton

ASSOCIATED PRESS
Columbia, South Carolina – 15 October 2024
17. SOUNDBITE (English) Susan Cutter, director of the Hazards Vulnerability and Resilience Institute at the University of South Carolina:

ASSOCIATED PRESS

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