• 2011 disasters cause $55 billion in damages in U.S.

    This year’ natural disasters could cost the United States as much as $55 billion; prior to Hurricane Irene, the National Oceanic and Atmospheric Administration’s National Climatic Data Center estimated that the nine major natural disasters to hit the United States earlier this year caused an estimated $35 million in damages

  • Insurance to cover little of Irene's damage

    Hurricane Irene could be one of the ten costliest disasters in the history of the United States and since much of the damage was caused by flooding, insurance will cover little; in previous storms, insurance companies usually cover about half the total losses, but according to the Kinetic Analysis Corporation, insurers will likely cover less than 40 percent of costs

  • More than $70 million Irene damages in N.C., hits farmers hard

    As North Carolina begins to recover from the deluge of rain and high winds of Hurricane Irene, Governor Beverly Perdue estimates that the storm caused more than $70 million in damages; Farmers near coastal areas were hit particularly hard with many reporting total losses

  • Also noted

    Millions remain without power on East Coast * Supplies delivered to cut-off Vermont city * Hurricane sets off budget battles * FEMA funds exhausted by busy disaster season * Irene threatens national flood program