Closed US restaurants, damaged homes: Matthew may cost $10B
Wednesday, October 12, 2016 | Tag Cloud Tags: natural disasters, News, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – Hurricane Matthew impaired or destroyed more than 1 million structures, forced businesses from Florida to North Carolina to close and put thousands temporarily out of work.
Goldman Sachs estimates the storm probably caused $10 billion in damage overall. Insurance companies will likely be liable for about $4 billion to $6 billion of that total, according to an estimate Saturday by CoreLogic, a real estate data provider. [ Source ]
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