Hurricane Michael Wind and Storm Surge Cause An Estimated $3 Billion to $5 Billion in Losses, CoreLogic Analysis Shows
CORELOGIC (CLGX)
Last corelogic earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
investor.corelogic.com/node/668
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Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)-- CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced updated residential and commercial storm surge and wind loss estimates for Hurricane Michael. According to this new data analysis, the wind losses for residential and commercial properties in Florida are expected to be between $2 billion and $3 billion, and the storm surge losses, including losses covered by National Flood Insurance Program (NFIP), are expected to be an additional $0.5 billion to $1 billion. Our analysis accounts for insured losses. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181012005431/en/ CoreLogic: The table above shows the estimates for commercial and residential insured property losses by state. (October 2018) (Graphic: Business Wire) The post-landfall estimates below have be
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