2nd ‘500-Year Rainfall’ in 2 Years Will Cause $6 Billion to $8 Billion in Damages, AccuWeather Predicts
AccuWeather estimates the total damage and economic loss caused by Imelda will be $6 to $8 billion, according to the company’s Founder and CEO Dr. Joel N. Myers, based on an analysis of damages expected from major flooding caused by heavy rainfall over eastern Texas and far southwestern Louisiana.