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Home / Insurance / Nicholas insured losses of approximately $ 950 million: Karen Clark

Nicholas insured losses of approximately $ 950 million: Karen Clark



Insured losses from Hurricane Nicholas will be close to 950 million dollars, said Boston-based disaster model Karen Clark & ​​Co. on Monday.

KCC's estimate includes privately insured property, commercial and industrial property damage.

Hurricane Nicholas landed on September 14 as a Category 1 hurricane near Sargant Beach, Texas, with a maximum sustained wind of 75 miles per hour. Nicholas intensified more than expected before landing and made an unexpected shift to the east of about 50 miles.

Hurricane strength winds were isolated to coastal areas and most of the wind impact was from tropical storm winds, according to KCC's analysis.

In the Bay City area near where Nicholas landed, structural roof damage, damage to exterior walls and side damage were reported, KCC said. Further inland, most effects included low-level wind damage with more significant damage from felled trees.

More than 500,000 people were left without power due to strong winds and fallen trees that knocked out power lines, the KCC said.

Nicholas was the 1

4th storm and sixth hurricane during the 2021 hurricane season in the Atlantic.

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