The Aftermath of Hurricane Idalia: Assessing the Damage and Insurance Costs

Hurricane Idalia caused significant devastation across five states, including flooding, destroyed buildings, and downed trees and power lines. The storm unexpectedly weakened and took a last-minute turn away from heavily populated areas, sparing Tallahassee from a direct hit. Initial estimates put the cost of the damage between $9bn and $20bn, making it the most expensive climate disaster in the US this year. President Biden has requested an additional $4bn in funding for FEMA's disaster relief fund, leading to friction with some lawmakers.