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                <title data-react-helmet="true">Irma, Harvey combined damage total in U.S. could near $300B: AccuWeather | CBC News</title>
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","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283401.1505082149!\u002FcpImage\u002FhttpImage\u002Fst-maarten-hurricane-irma.jpg","id":"1.4283401","title":"St. Maarten Hurricane Irma","type":"image","credit":"Gerben Van Es\u002FDutch Defense Ministry via Associated Press","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fcanada\u002Fnorth\u002Fst-maarten-hurricane-irma-1.4283401"},"categorization":{"dimensions":[{"entities":[],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Firma-leaves-catastrophic-damage-on-caribbean-islands-1.4283738","deck":"","description":"Hurricane Irma has left a trail of catastrophic damage on Caribbean islands in what is being called the most expensive storm in the region's history.","epoch":{"ontime":"","offtime":"","lastupdate":"1507106884000","pubdate":"1505134260000"},"type":"media","title":"Irma destroyed much of St. Maarten, being called most expensive storm ever in Caribbean","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fthenational\u002Firma-leaves-catastrophic-damage-on-caribbean-islands-1.4283738","extattrib":{"yospaceid":"","releaseid":"","displaycomments":false,"vfsection":"2.630","liveondemand":"On-Demand","guid":"1043854915954","runtime":130.997,"mediaid":"1043854915954","mediatype":"video"},"id":"1.4283738","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"thenational","label":"The National","id":"2.5234","referencename":"the-national"}],"lastupdate":"Oct 04, 2017 4:48 AM ET","pubdate":"Sep 11, 2017 8:51 AM ET"}],"extlinks":[],"updatedAt":1505216739995,"publishedAt":1505142273047,"publishedAtVerbal":"Sep 11, 2017 11:04 AM ET","displayComments":true,"url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Firma-harvey-hurricane-damage-1.4283740","category":"","flag":"","body":"\u003Cp\u003EA leading climate forecaster estimates the economic cost of Hurricane Irma on the United States alone will come in at around $100 billion US, which would bring the economic toll combined with predecessor Harvey to nearly $300 billion US.\u003C\u002Fp\u003E  \u003Cp\u003EAfter battering Florida&nbsp;on Sunday as a Category 4 hurricane and working its way north, the storm has&nbsp;passed through much of the state and on to the panhandle and Georgia. It's expected to bring dangerous winds and flooding to areas as far north as Kentucky and West Virginia, even though its intensity is predicted to be downgraded to a tropical depression on Tuesday.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Firma-florida-costs-gasoline-1.4280632\"\u003EIrma stretches FEMA money to the brink before Harvey has been paid for\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003EPreliminary estimates of the storm's damage are just starting to come in, and it's already clear the economic toll will be significant. More than four&nbsp;million Floridians&nbsp;remained&nbsp;without power Monday, and much of the state's infrastructure will need repairing or replacing.\u003C\u002Fp\u003E  \u003Cp\u003EFlorida Power and Light, the state's main utility, says the storm will require an \"extensive rebuild\" of the electrical grid. \"Our West Coast customers will likely be without power for a much longer period of time,\" CEO Eric Silagy said.\u003C\u002Fp\u003E  \u003Cp\u003EConstruction activity like that would likely add to GDP over the long run, but costs a lot in the short term.\u003C\u002Fp\u003E  \u003Cp\u003EMuch of the losses will be uninsured.\u003C\u002Fp\u003E  \u003Cp\u003EStocks in insurance companies had been hit hard last week as the storm approached, and recovered on Monday after it became clear that pricey&nbsp;Miami real estate had been largely spared the worst of the storm.\u003C\u002Fp\u003E  \u003Cp\u003ECitibank analyst James Naklicki&nbsp;estimates&nbsp;U.S. insured loses to be about $20 billion US. But the storm's overall tally will be much more.\u003C\u002Fp\u003E  \u003Cp\u003E\"We believe the damage estimate from Irma to be about $100 billion, among the costliest hurricanes of all time,\" said&nbsp;Joel N. Myers, president of forecasting firm AccuWeather.\u003C\u002Fp\u003E  \u003Cp\u003E[EMBED]\u003C\u002Fp\u003E  \u003Cp\u003EHurricane Harvey&nbsp;brought even costlier damage to parts of Texas, giving the U.S. economy a double shot that could be large enough to show up in national numbers. The 2017&nbsp;hurricane season marks the first time since record-keeping began that two Category 4 storms have made U.S. landfall in the same year, AccuWeather said.\u003C\u002Fp\u003E  \u003Cp\u003E\"We estimated that Hurricane Harvey is to be the costliest weather disaster in U.S. history at $190 billion or one full percentage point of the GDP,\" Myers said. \"Together, AccuWeather predicts these two disasters amount to 1.5 of a percentage point of the GDP, which will about equal and therefore counter the natural growth of the economy for the period of mid-August through the end of the fourth quarter.\"\u003C\u002Fp\u003E  \u003Ch2\u003E3,800 flights cancelled\u003C\u002Fh2\u003E  \u003Cp\u003EThe storm is still playing havoc with airlines. Some&nbsp;were criticized as fares for flights out of Florida rose before the storm.&nbsp;Now the industry faces thousands of flight cancellations to stay away from the massive storm.\u003C\u002Fp\u003E  \u003Cp\u003EMore than 3,800 U.S. flights scheduled for Monday were cancelled by late morning&nbsp;and more than 9,000 have been dropped since Saturday,&nbsp;according to tracking service FlightAware.\u003C\u002Fp\u003E  \u003Cp\u003E\u003C\u002Fp\u003E  \u003Cp\u003E\u003C\u002Fp\u003E","keywords":[{"entities":[],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}],"segments":"","vfsection":"2.637","headlineImageURL":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-irma.jpg","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"authorProfile":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authorbio":"none","authors":[]},"isPreview":false,"adExclusions":[],"sponsorBio":"","workflowanalysis":{"tags":""},"authorStories":[]},"media":{"runtime":0,"clipID":"","description":"","isLead":true,"autoPlay":false,"title":""},"image":{"title":"STORM-IRMA\u002F","deck":"A local resident walks across a flooded street in downtown Miami as Hurricane Irma arrives at south Florida, U.S. September 10, 2017. REUTERS\u002FCarlos Barria     TPX IMAGES OF THE DAY - RC1DF0B7C4F0","credit":"Carlos Barria\u002FReuters","url":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_1180\u002Fstorm-irma.jpg","showcaption":true,"description":"The financial toll of Hurricane Irma's damage could top $100 billion US, AccuWeather says. It's estimated Hurricane Harvey, which earlier struck Texas, will add $190 billion in damage to Irma's total.","alt":"STORM-IRMA\u002F","mass":"full","lazyLoad":true,"type":"leadmedia-story"},"gallery":{"id":"","leadmedia":true},"author":{"img":"","names":[],"title":"","authorInfo":""},"audio":{"runtime":0,"clipID":"","url":"","mediaID":"","description":"","isLead":true,"autoPlay":false},"json":{"ontime":"","flag":"","fbpages":"5823419603","vfsection":"2.637","deck":"Much of the losses won't be insured","workflowanalysis":{"tags":""},"offtime":"","epoch":{"ontime":"","offtime":"","lastupdate":"1505216739995","pubdate":"1505142273047"},"source":"","media":[{"flag":"Video","headlineimage":{"derivatives":{"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4284953.1507106787!\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fimage.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4284953.1507106787!\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fimage.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4284953.1507106787!\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fimage.jpg"},"16x9_780":{"w":780,"h":439,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4284953.1507106787!\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_780\u002Fimage.jpg"}},"id":"1.4284953","title":"Hurricane's hit","type":"image","url":"https:\u002F\u002Fthumbnails.cbc.ca\u002Fmaven_legacy\u002Fthumbnails\u002F622\u002F791\u002Fotm-irma-economic-impact-invu-myers-110917.jpg"},"categorization":{"dimensions":[{"entities":[],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[{"name":"(not specified)","id":"(not specified)"}],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"},{"entities":[{"name":"Hurricane Irma","id":"Hurricane Irma"},{"name":"economic impacts","id":"economic impacts"},{"name":"damage","id":"damage"},{"name":"rebuild","id":"rebuild"},{"name":"AccuWeather","id":"AccuWeather"},{"name":"Joel Myers","id":"Joel Myers"}],"name":"Tag","id":"department.categorydimension.tag.Tag"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-s-hit-1.4284953","deck":"Joel Myers of AccuWeather on the economic impacts of Hurricane Irma","description":"Joel Myers of AccuWeather on the economic impacts of Hurricane Irma","epoch":{"ontime":"","offtime":"","lastupdate":"1507106449000","pubdate":"1505172240000"},"type":"media","title":"Hurricane's hit","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fhurricane-s-hit-1.4284953","extattrib":{"yospaceid":"","releaseid":"","displaycomments":false,"vfsection":"2.637","liveondemand":"On-Demand","guid":"1044329027618","runtime":376.276,"mediaid":"1044329027618","mediatype":"video"},"id":"1.4284953","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"lastupdate":"Oct 04, 2017 4:40 AM ET","pubdate":"Sep 11, 2017 7:24 PM ET"}],"customcontent":[{"html":"","type":"coveritlive"}],"advertising":{"site":"cbc.money.ca","zone":"business","contentcategory":"news\u002Fbusiness","section":"business","exclusions":"","category":""},"type":"story","body":"\u003Cp\u003EA leading climate forecaster estimates the economic cost of Hurricane Irma on the United States alone will come in at around $100 billion US, which would bring the economic toll combined with predecessor Harvey to nearly $300 billion US.\u003C\u002Fp\u003E  \u003Cp\u003EAfter battering Florida&nbsp;on Sunday as a Category 4 hurricane and working its way north, the storm has&nbsp;passed through much of the state and on to the panhandle and Georgia. It's expected to bring dangerous winds and flooding to areas as far north as Kentucky and West Virginia, even though its intensity is predicted to be downgraded to a tropical depression on Tuesday.\u003C\u002Fp\u003E  \u003Cul\u003E   \u003Cli\u003E\u003Cstrong\u003E\u003Ca href=\"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Firma-florida-costs-gasoline-1.4280632\"\u003EIrma stretches FEMA money to the brink before Harvey has been paid for\u003C\u002Fa\u003E\u003C\u002Fstrong\u003E\u003C\u002Fli\u003E  \u003C\u002Ful\u003E  \u003Cp\u003EPreliminary estimates of the storm's damage are just starting to come in, and it's already clear the economic toll will be significant. More than four&nbsp;million Floridians&nbsp;remained&nbsp;without power Monday, and much of the state's infrastructure will need repairing or replacing.\u003C\u002Fp\u003E  \u003Cp\u003EFlorida Power and Light, the state's main utility, says the storm will require an \"extensive rebuild\" of the electrical grid. \"Our West Coast customers will likely be without power for a much longer period of time,\" CEO Eric Silagy said.\u003C\u002Fp\u003E  \u003Cp\u003EConstruction activity like that would likely add to GDP over the long run, but costs a lot in the short term.\u003C\u002Fp\u003E  \u003Cp\u003EMuch of the losses will be uninsured.\u003C\u002Fp\u003E  \u003Cp\u003EStocks in insurance companies had been hit hard last week as the storm approached, and recovered on Monday after it became clear that pricey&nbsp;Miami real estate had been largely spared the worst of the storm.\u003C\u002Fp\u003E  \u003Cp\u003ECitibank analyst James Naklicki&nbsp;estimates&nbsp;U.S. insured loses to be about $20 billion US. But the storm's overall tally will be much more.\u003C\u002Fp\u003E  \u003Cp\u003E\"We believe the damage estimate from Irma to be about $100 billion, among the costliest hurricanes of all time,\" said&nbsp;Joel N. Myers, president of forecasting firm AccuWeather.\u003C\u002Fp\u003E  \u003Cp\u003E[EMBED]\u003C\u002Fp\u003E  \u003Cp\u003EHurricane Harvey&nbsp;brought even costlier damage to parts of Texas, giving the U.S. economy a double shot that could be large enough to show up in national numbers. The 2017&nbsp;hurricane season marks the first time since record-keeping began that two Category 4 storms have made U.S. landfall in the same year, AccuWeather said.\u003C\u002Fp\u003E  \u003Cp\u003E\"We estimated that Hurricane Harvey is to be the costliest weather disaster in U.S. history at $190 billion or one full percentage point of the GDP,\" Myers said. \"Together, AccuWeather predicts these two disasters amount to 1.5 of a percentage point of the GDP, which will about equal and therefore counter the natural growth of the economy for the period of mid-August through the end of the fourth quarter.\"\u003C\u002Fp\u003E  \u003Ch2\u003E3,800 flights cancelled\u003C\u002Fh2\u003E  \u003Cp\u003EThe storm is still playing havoc with airlines. Some&nbsp;were criticized as fares for flights out of Florida rose before the storm.&nbsp;Now the industry faces thousands of flight cancellations to stay away from the massive storm.\u003C\u002Fp\u003E  \u003Cp\u003EMore than 3,800 U.S. flights scheduled for Monday were cancelled by late morning&nbsp;and more than 9,000 have been dropped since Saturday,&nbsp;according to tracking service FlightAware.\u003C\u002Fp\u003E  \u003Cp\u003E\u003C\u002Fp\u003E  \u003Cp\u003E\u003C\u002Fp\u003E","tracking":{"subsection4":"","subsection3":"","contentarea":"news","subsection2":"","subsection1":"business","contenttype":"story"},"embeddedtypes":"twitter","leadmedia":{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-irma-1.4283831","deck":"A local resident walks across a flooded street in downtown Miami as Hurricane Irma arrives at south Florida, U.S. September 10, 2017. REUTERS\u002FCarlos Barria     TPX IMAGES OF THE DAY - RC1DF0B7C4F0","description":"The financial toll of Hurricane Irma's damage could top $100 billion US, AccuWeather says. It's estimated Hurricane Harvey, which earlier struck Texas, will add $190 billion in damage to Irma's total.","title":"STORM-IRMA\u002F","type":"image","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-irma-1.4283831","showcaption":true,"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-irma.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-irma.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-irma.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-irma.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-irma.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-irma.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-irma.jpg"}},"size":"full","useoriginalimage":false,"originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fstorm-irma.jpg","id":"1.4283831","credit":"Carlos Barria\u002FReuters"},"storyimages":[{"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-irma-1.4283831","deck":"A local resident walks across a flooded street in downtown Miami as Hurricane Irma arrives at south Florida, U.S. September 10, 2017. REUTERS\u002FCarlos Barria     TPX IMAGES OF THE DAY - RC1DF0B7C4F0","description":"The financial toll of Hurricane Irma's damage could top $100 billion US, AccuWeather says. It's estimated Hurricane Harvey, which earlier struck Texas, will add $190 billion in damage to Irma's total.","title":"STORM-IRMA\u002F","type":"image","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-irma-1.4283831","showcaption":true,"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-irma.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-irma.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-irma.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-irma.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-irma.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-irma.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-irma.jpg"}},"size":"medium","useoriginalimage":false,"originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fstorm-irma.jpg","id":"1.4283831","credit":"Carlos Barria\u002FReuters"}],"linkbundle":{},"id":"1.4283740","departments":[{"name":"news","label":"News","id":"2.630","referencename":""},{"name":"business","label":"Business","id":"2.637","referencename":""}],"headline":"Irma, Harvey combined damage total in U.S. could near $300B: AccuWeather","byline":"CBC News","embeddedcontent":[{"includemedia":true,"includeparenttweet":true,"introtext":"","type":"twitter","body":"Trees down everywhere in downtown \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fhashtag\u002FMiami?src=hash\"\u003E#Miami\u003C\u002Fa\u003E. Crews already working to clear debris. 70% of city without power still. \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fhashtag\u002Firma?src=hash\"\u003E#irma\u003C\u002Fa\u003E \u003Ca href=\"https:\u002F\u002Ft.co\u002FpeTOX3D3vK\"\u003Epic.twitter.com\u002FpeTOX3D3vK\u003C\u002Fa\u003E","user":"@JWagstaffe","url":"https:\u002F\u002Ftwitter.com\u002FJWagstaffe\u002Fstatus\u002F907274528090243073","key":"1312220"}],"shareheadline":"Combined cost of Hurricanes Harvey and Irma to U.S. could near $300B: AccuWeather","pubdate":"Sep 11, 2017 11:04 AM ET","summary":"A leading climate forecaster estimates the economic cost of Hurricane Irma on the United States alone will come in at around $100 billion US, which would bring the economic toll combined with predecessor Harvey to nearly $300 billion US.","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fstorm-irma.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fstorm-irma.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fstorm-irma.jpg"},"original_620":{"w":620,"h":413,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fstorm-irma.jpg"},"original_300":{"w":300,"h":200,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fstorm-irma.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fstorm-irma.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fstorm-irma.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fstorm-irma-1.4283831","deck":"A local resident walks across a flooded street in downtown Miami as Hurricane Irma arrives at south Florida, U.S. September 10, 2017. REUTERS\u002FCarlos Barria     TPX IMAGES OF THE DAY - RC1DF0B7C4F0","description":"A local resident walks across a flooded street in downtown Miami as Hurricane Irma arrives at south Florida, U.S. September 10, 2017. REUTERS\u002FCarlos Barria     TPX IMAGES OF THE DAY - RC1DF0B7C4F0","originalimageurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283831.1505236721!\u002FfileImage\u002FhttpImage\u002Fstorm-irma.jpg","id":"1.4283831","title":"STORM-IRMA\u002F","type":"image","credit":"Carlos Barria\u002FReuters","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Fstorm-irma-1.4283831"},"originalheadline":"Irma damage brings tally with Harvey to almost $300B US: Accuweather","categorization":{"dimensions":[{"entities":[],"name":"Subject","id":"department.categorydimension.subject"},{"entities":[],"name":"Person","id":"department.categorydimension.tag.Person"},{"entities":[],"name":"Company","id":"department.categorydimension.tag.Company"},{"entities":[],"name":"Organization","id":"department.categorydimension.tag.Organisation"},{"entities":[],"name":"Tag","id":"department.categorydimension.tag.Tag"},{"entities":[],"name":"Location","id":"department.categorydimension.tag.Location"},{"entities":[],"name":"Collections","id":"department.categorydimension.tag.Collections"}]},"jsonurl":"\u002Fjson\u002Fcmlink\u002Firma-harvey-hurricane-damage-1.4283740","author":{"bio":{"name":null,"photo":{},"biography":null,"title":null},"authorbio":"none","authors":[]},"dept":"Business","label":"","url":"http:\u002F\u002Fwww.cbc.ca\u002Fnews\u002Fbusiness\u002Firma-harvey-hurricane-damage-1.4283740","extlinks":[],"photogalleries":[],"urlslug":"irma harvey hurricane damage","highlights":{"highlight":[],"label":"Updated"},"intlinks":[{"flag":"","headlineimage":{"derivatives":{"16x9_940":{"w":940,"h":529,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_940\u002Fhurricane-irma-florida.jpg"},"16x9_300":{"w":300,"h":168,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_300\u002Fhurricane-irma-florida.jpg"},"16x9_620":{"w":620,"h":349,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_620\u002Fhurricane-irma-florida.jpg"},"original_620":{"w":620,"h":421,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_620\u002Fhurricane-irma-florida.jpg"},"original_300":{"w":300,"h":203,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002Foriginal_300\u002Fhurricane-irma-florida.jpg"},"16x9tight_140":{"w":140,"h":79,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9tight_140\u002Fhurricane-irma-florida.jpg"},"16x9_460":{"w":460,"h":259,"fileurl":"https:\u002F\u002Fi.cbc.ca\u002F1.4283534.1505111495!\u002FfileImage\u002FhttpImage\u002Fimage.jpg_gen\u002Fderivatives\u002F16x9_460\u002Fhurricane-irma-florida.jpg"}},"size":"full","useoriginalimage":false,"jsonurl":"\u002Fjson\u002Fcmlink\u002Fhurricane-irma-florida-1.4283534","deck":"A truck is seen turned over as Hurricane Irma passes south Florida, in Miami, U.S. September 10, 2017. 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class="notificationArea"><h2 class="sectionTitle a11y"><span class="sectionTitleText">Notifications</span></h2><div class="banner notice"><span>We&#x27;re experimenting with a new look. <a href="https://responsive.cbc.ca/hc/en-us/sections/207478947-About-the-CBC-ca-Redesign" aria-label="Learn why this website is different" id="learnMoreLink">Learn more</a>.</span><div class="zendeskWidget"><div class="userSplitTest"></div></div></div></div><div class="share"><div class="viafoura"><div class="vf-widget vf-share-bar-vertical" data-widget="sharebar" data-button-view="false" data-path="/news/business/irma-harvey-hurricane-damage-1.4283740" data-show-labels="false" data-show-counters="false" data-show-total="true"></div></div></div><div class="detailBodyContent sclt-storycontent"><h1 class="detailHeadline">Irma, Harvey combined damage total in U.S. could near $300B: AccuWeather</h1><div class="detailSummary">A leading climate forecaster estimates the economic cost of Hurricane Irma on the United States alone will come in at around $100 billion US, which would bring the economic toll combined with predecessor Harvey to nearly $300 billion US.</div><h2 class="deck">Much of the losses won&#x27;t be insured</h2><div class="byline"><div class="bylineDetails">CBC News<span class="bullet"> · </span><time class="timeStamp" dateTime="2017-09-12T11:45:39.995Z">Posted: Sep 11, 2017 11:04 AM ET | Last Updated: September 12, 2017</time></div></div><div><span class="imageMedia leadmedia-story full"><div class="placeholder"><div class="placeholderImage aspect-56"></div><noscript><image width="100" height="56.25" class="imageEl loaded lazyImage smallImage" src="https://i.cbc.ca/1.4283831.1505236721!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_1180/storm-irma.jpg?imwidth=100"></image></noscript></div><span class="leadimage-caption">The financial toll of Hurricane Irma&#x27;s damage could top $100 billion US, AccuWeather says. It&#x27;s estimated Hurricane Harvey, which earlier struck Texas, will add $190 billion in damage to Irma&#x27;s total.<!-- --> <!-- -->(Carlos Barria/Reuters)</span></span><div class="commentCount"><div class="viafoura"><a class="commentCount-link" href="#comments-14283740"><span class="vf-counter vf-widget" data-widget="counter" data-path="http://www.cbc.ca/news/business/irma-harvey-hurricane-damage-1.4283740"></span><span> comments</span></a><span class="commentCount-icon"><svg viewBox="0 0 32 32"><path d="M20.95,17H11a1,1,0,0,0,0,2h10a1,1,0,0,0,0-2Zm2-6H9a1,1,0,0,0,0,2h14a1,1,0,0,0,0-2ZM16,0C7.14,0,0,6.26,0,14a12.55,12.55,0,0,0,6,10.9v7.07l7-4.25a18.71,18.71,0,0,0,3,.25c8.82,0,16-6.25,16-14S24.78,0,16,0Zm0,25.95a16.29,16.29,0,0,1-3.37-.37l-4.7,2.82.06-4.63A11.56,11.56,0,0,1,2,14C2,7.36,8.24,2,16,2s14,5.36,14,12-6.26,12-14,12Zm0,0"></path></svg></span></div></div><div class="story"><span><p>A leading climate forecaster estimates the economic cost of Hurricane Irma on the United States alone will come in at around $100 billion US, which would bring the economic toll combined with predecessor Harvey to nearly $300 billion US.</p><p>After battering Florida on Sunday as a Category 4 hurricane and working its way north, the storm has passed through much of the state and on to the panhandle and Georgia. It&#x27;s expected to bring dangerous winds and flooding to areas as far north as Kentucky and West Virginia, even though its intensity is predicted to be downgraded to a tropical depression on Tuesday.</p><ul><li><strong><a href="http://www.cbc.ca/news/business/irma-florida-costs-gasoline-1.4280632">Irma stretches FEMA money to the brink before Harvey has been paid for</a></strong></li></ul><p>Preliminary estimates of the storm&#x27;s damage are just starting to come in, and it&#x27;s already clear the economic toll will be significant. More than four million Floridians remained without power Monday, and much of the state&#x27;s infrastructure will need repairing or replacing.</p><p>Florida Power and Light, the state&#x27;s main utility, says the storm will require an &quot;extensive rebuild&quot; of the electrical grid. &quot;Our West Coast customers will likely be without power for a much longer period of time,&quot; CEO Eric Silagy said.</p><p>Construction activity like that would likely add to GDP over the long run, but costs a lot in the short term.</p><p>Much of the losses will be uninsured.</p><p>Stocks in insurance companies had been hit hard last week as the storm approached, and recovered on Monday after it became clear that pricey Miami real estate had been largely spared the worst of the storm.</p><p>Citibank analyst James Naklicki estimates U.S. insured loses to be about $20 billion US. But the storm&#x27;s overall tally will be much more.</p><p>&quot;We believe the damage estimate from Irma to be about $100 billion, among the costliest hurricanes of all time,&quot; said Joel N. Myers, president of forecasting firm AccuWeather.</p><div><span><blockquote class="twitter-tweet" lang="en"><p>Trees down everywhere in downtown &lt;a href=&quot;https://twitter.com/hashtag/Miami?src=hash&quot;&gt;#Miami&lt;/a&gt;. Crews already working to clear debris. 70% of city without power still. &lt;a href=&quot;https://twitter.com/hashtag/irma?src=hash&quot;&gt;#irma&lt;/a&gt; &lt;a href=&quot;https://t.co/peTOX3D3vK&quot;&gt;pic.twitter.com/peTOX3D3vK&lt;/a&gt;</p>&amp;mdash;<a href="https://twitter.com/JWagstaffe/status/907274528090243073">@JWagstaffe</a></blockquote></span></div><p>Hurricane Harvey brought even costlier damage to parts of Texas, giving the U.S. economy a double shot that could be large enough to show up in national numbers. The 2017 hurricane season marks the first time since record-keeping began that two Category 4 storms have made U.S. landfall in the same year, AccuWeather said.</p><p>&quot;We estimated that Hurricane Harvey is to be the costliest weather disaster in U.S. history at $190 billion or one full percentage point of the GDP,&quot; Myers said. &quot;Together, AccuWeather predicts these two disasters amount to 1.5 of a percentage point of the GDP, which will about equal and therefore counter the natural growth of the economy for the period of mid-August through the end of the fourth quarter.&quot;</p><h2>3,800 flights cancelled</h2><p>The storm is still playing havoc with airlines. Some were criticized as fares for flights out of Florida rose before the storm. Now the industry faces thousands of flight cancellations to stay away from the massive storm.</p><p>More than 3,800 U.S. flights scheduled for Monday were cancelled by late morning and more than 9,000 have been dropped since Saturday, according to tracking service FlightAware.</p><p></p><p></p></span></div></div><div class="contentFeedback"><div class="journalistStandards bottomSeparator"><a class="journalistLink" href="http://www.cbc.radio-canada.ca/en/reporting-to-canadians/acts-and-policies/programming/journalism/">CBC&#x27;s Journalistic Standards and Practices</a></div><a class="reportIssue" href="javascript:location.href=&quot;//www.cbc.ca/news2/feedback/index_typo.html?Irma, Harvey combined damage total in U.S. could near $300B: AccuWeather &quot; + new Date().toString();">Report Typo or Error</a><span class="separator">|</span><a class="feedback" href="//cbchelp.cbc.ca/hc/en-us/requests/new">Send Feedback</a></div><div class="relatedlinks sclt-relatedlinks"><h3 class="sectionTitle"><span class="sectionTitleText">Related Stories</span></h3><ul class="relatedList"><div class="relatedStory"><li class="relatedListItem"><a class="relatedLink" href="/news/world/hurricane-irma-florida-tampa-damage-1.4283533"> <!-- -->Weakened Irma leaves &#x27;devastation&#x27; in Florida, heads through Georgia</a></li><li class="relatedListItem"><a class="relatedLink" href="/news/thenational/irma-leaves-catastrophic-damage-on-caribbean-islands-1.4283738"><div class="label $$typeof type props flag"><span class="labelText label-cbc-news-video">CBC News Video</span></div> <!-- -->Irma destroyed much of St. Maarten, being called most expensive storm ever in Caribbean</a></li></div></ul></div><div class="ad-bigbox-fixed responsive"></div><div class="trending detailTrending"><h3 class="sectionTitle"><span class="sectionTitleText">Popular Now</span></h3><ol class="trendingList sclt-popularnow"><li><a class="detailLink" href="/news">Find more popular stories</a></li></ol></div><div class="comments cbc-vf" id="comments-14283740"><h3 class="sectionTitle"><span class="sectionTitleText"><span><span class="vf-counter vf-widget" data-widget="counter" data-path="http://www.cbc.ca/news/business/irma-harvey-hurricane-damage-1.4283740"></span><span> Comments</span></span></span></h3><p class="commentIntro">To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada&#x27;s online communities (except in children and youth-oriented communities). 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