Hurricane
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Sources estimated combined property and crop claims could reach $4bn up to $10bn.
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The hurricane is forecast to make landfall on the Texas or Louisiana coast on Thursday. -
The storm is forecast to strengthen to Category 1 later today as predecessor Marco weakens before dissipating tomorrow.
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Marco is forecast to make landfall in Louisiana on Monday, with Laura hitting Texas by Thursday.
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The storm is predicted to hit the US Gulf of Mexico on Wednesday as a Category 2 storm.
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The storms will bring strong winds, storm surges and heavy rainfall.
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Storms could develop into hurricanes before striking the US, but long-range outlooks are uncertain.
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The now tropical storm is expected to move further out into the Pacific and become a tropical depression by tomorrow.
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Hurricane Isaias will be another retention loss for insurers, even at surprise $4bn insured loss estimates.
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The NHC warns of life-threatening flash floods and rip currents in Mexico.
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The Category 3 Pacific storm could cause flash flooding and mudslides in and around popular tourist areas.
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If Hurricane Katrina were to hit the US in 2020 privately insured losses could reach $65bn, up from $41bn 15 years ago.
