Helene and Milton are both likely to be $50 billion disasters, joining ranks of most costly storms
- Hurricanes Helene and Milton are expected to be $50 billion disasters, joining the ranks of costly storms like Katrina and Sandy, as noted by Adam Smith.
- Over 95% of Helene's damages were uninsured, significantly affecting victims' financial recovery.
- Risk modeling estimates combined damages from both storms to be between $20 billion and $34 billion, according to Moody's.
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