Climate Changed

A $150 Billion Misfire: How Disaster Models Got Irma Wrong

  • Bermuda High kept Irma from becoming the costliest U.S. storm
  • Westward shift and weakening checked ‘astronomical’ damage

Insurance Analyst Sees Relief for Stocks After Irma

Twenty miles may have made a $150 billion difference.

Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on record. Then something called the Bermuda High intervened and tripped it up.