Hurricane Season Closing

The 2008 Atlantic hurricane season ends Sunday. A summary of the well-above average season is offered by Colorado State University’s Tropical Meteorology Project team. Of the eight hurricanes occurring in 2008, it is Hurricanes Gustav and Ike that  had the most impact on insurers. ISO’s Property Claim Services (PCS) unit estimates that Gustav resulted in approximately $1.9 billion in insured damage in the U.S., while insured damage from Ike in the U.S. is estimated at $8.1 billion. This would make Ike the fifth most costly hurricane in U.S. history. Check out further I.I.I. hurricane facts and stats.  

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