Page 2 - Storm Cost News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That provides the biggest challenge. for the first time in 26 meetings, the world's delegates agreed that fossil fuels are driving the climate crisis, but not a single country committed to stopping oil or coal production any time soon. a monster named ida. the hurricane is intensifying quickly. >> reporter: hurricane ida comes in at number four. as 150-mile-per-hour winds screamed ashore in louisiana in early september. that was just the beginning. ida's aftermath dropped a rain bomb on new york, sudden enough to drown families in their basement apartments. all told, the single storm cost ov...

>> a monster named ida, a hurricane that's intensifying quickly and drawing chilling comparisons to katrina. >> hurricane ida comes in at number four. as 150 mile-per-hour winds screamed ashore in louisiana in early september, but that was just the beginning. ida's aftermath dropped a rain bomb on new york sudden enough to drown families in their basement apartments, and all told, the single storm cost over $60 billion. >> we are following breaking news this morning. a dangerous and deadly night across the central united states. a powerful line of storms unleashing at least 24 tornados across ...

He wants people to pay attention. take a listen to the acting fema director this morning. >> this is going to be a long duration, major storm. again, i think wherever it makes landfall it has a potential to go up the 95 corridor, florida into georgia, rain, flooding, debris. it's going to be a large-impact storm. don't dismiss, just because you don't live on the coast, just because you don't live in west palm, you have to believe that it's going to impact you. and again, the clock is ticking. >> reporter: so on storm cost, jim, if this is a category four, fema says that it's going to be in the...

Because the coastal shelf is shallow, we are expecting to see 25 to 30-foot seas closer to the coast because of the shallow. shallow doesn't get as high as 83 that you heard at the center. i guess that was reported yesterday. >> reid hawkins from the national weather service in wilmington, north carolina. stay safe. keep us posted. >> thank you. >> hurricane florence as the potential to be the most expensive to hit the united states. nearly 759,000 homes in the carolinas and virginia are in the dangerous path of the storm. that is early analysis from core logic. more than $170 billion to rebui...

Dangerous storm. according to early analysis. from core logic. worst case more than $170 billion to rebuild. 62 billion more than hurricane katrina in 2005. that storm cost at least 108 billion. in property damage. that has the dubious honor of the costliest in u.s. history. however the cost projections were made before the storm was downgraded. the impact remains a mystery here. these forecasts will change a lot. as we go through the next few days. insurance companies are bracing for a hit if a major loss happens. investors will hesitate before -- prices could skyrocket for consumers. >> spea...