JLT sees minor insured loss from Nate
The US remains braced for Tropical Storm Nate to hit the US Gulf
Coast as a Category 1 hurricane on Sunday morning local time (8
October).
JLT predicted the storm would make landfall within 100 miles of
New Orleans, but it is not expected to be as strong as Harvey, Irma
or Maria.
"Rapid intensification to a major hurricane is not
expected," the broking house said today.
JLT said there is a 15 percent chance that Nate's wind
speeds would...
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