CoreLogic Estimates Hurricane Michael Losses Could Top $4.5B; Top 10 Insurers Affected

Hurricane Michael’s torrential rain, storm surge, and hurricane-force maximum sustained winds that reached 140 miles per hour Wednesday could result in a historically devastating event for the northeastern Gulf Coast, according to A.M. Best.

After making landfall in the Panhandle on Wednesday, Michael began heading northeast, bringing heavy rain and strong, damaging winds to other parts of the Southeast as it moved inland.