Helene expected to result in total cost of $20bn-$34bn: Moody’s
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Helene expected to result in total cost of $20bn-$34bn: Moody’s

Moody’s described Hurricane Helene as “like Idalia but worse”.

By Abbie Day
September 30, 2024
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Moody's building.jpg

Hurricane Helene is expected to result in a total cost of $20bn-$34bn, according to preliminary estimates from Moody’s.

It broke its estimate down into $15bn-$26bn in property damage and a $5bn-$8bn reduction in output expected to last into the third...

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