03-06-2017 03:21 via insuranceinsider.com

Over $1.5tn in storm surge residential risk delineated

As the 2017 hurricane season begins a data and analytics company
has released an assessment of US homes at risk of inundation from
storm surges, putting the total potential loss at over $1.5tn.
The analysis from CoreLogic looks at the 3,700-mile coastline
extending from northern Maine to southern Texas and includes the
reconstruction cost value for about 3.9 million homes along the
Atlantic seaboard and nearly 3 million in areas fronting the Gulf
of Mexico.
But the study's worst-case scenario...
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