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No sooner had America recovered from the effects of Hurricane Harvey, which hit Texas on August 25, than another powerful hurricane, Irma, raged across the continent, causing new colossal destruction and insurance payments.
The hurricane first hit Cuba, bringing torrential rain and gusty winds reaching 250 km/h. According to the Cuban government, it caused significant damage to coastal settlements and resorts and left several areas of the island without electricity. To date, insurance companies have paid out to victims of Hurricane Harvey and «Irma», according to official data, can reach $200 billion.
The total damage caused to the US economy by hurricanes «Harvey» and«Irma» is about $290 billion, or 1.5% of the country's GDP. This estimate was made by Joel Myers, the president of weather forecasting at the American Company AccuWeather.
The damage from hurricane «Irma» is estimated at $100 billion, and from «Harvey» - $190 billion.
Myers called Hurricane «Harvey» one of the most expensive weather disasters in US history. The hurricane moved towards the state of Florida, USA. On September 9, the evacuation of almost 6 million people due to the hurricane was announced in the state of Florida. 4 million people were left without electricity.
The hardest hit was Miami's Brickell financial district, which was completely flooded - the water rose more than 60 cm here.
Hurricane Harvey hit Texas on the evening of August 25. Texas Governor Greg Abbott estimated the damage from the hurricane at $150-180 billion. The victims of the disaster were 70 people.
Hurricane Irma strengthened to the maximum category of power on September 5. The next day it reached the northeastern part of the Caribbean. The hurricane, the size of the territory of France, passed through the Turks and Caicos Islands, Barbuda, Saint Martin, and the British Virgin Islands, breaking trees and destroying buildings on its way. On September 7, its speed decreased to 265.5 km/h, but it retained its fifth category of power. 14 people are known to have died as a result of the disaster.
Due to the approach of Hurricane Irma, the most popular theme park in the world, Walt Disney World, closed for the sixth time in its 45-year history, but will reopen its doors to visitors on Tuesday.
Insurers have already received notification of the insured event, because the reinsurance contract covers not only property risks (any physical damage and destruction, including floods, earthquakes), but also interruptions in the operation of the most visited amusement park in the world. After receiving information about the amount of damage and all supporting documents, reserves will be formed accordingly and insurance payments will be made.
This is the second time that Disney World has closed its doors to visitors due to severe weather: in October 2016, the culprit was Hurricane Matthew, which caught not only the USA, but also Haiti and Canada by surprise - the wind speed in the hurricane reached 220 km/h and more. At that time, the total amount of damage to Disneyland amounted to $35.7 million.
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