RALEIGH, N.C. (AP) - State officials now say the damage in North Carolina from Hurricane Florence has approached $17 billion, an increase from a previous estimate.
The Office of State Budget and Management said in a news release the latest figure is based on new data from the N.C. Department of Insurance. The previous figure of $13 billion was based on estimates and projections.
A news release from Gov. Roy Cooper’s office said damage from Florence is historic compared to previous storms in North Carolina. Hurricane Matthew in 2016 caused $4.8 billion in damages. When adjusted for inflation, 1999’s Hurricane Floyd caused between $7 and $9.4 billion in damages. That means Florence has caused more damage than Matthew and Floyd combined.
People were interested in these podcasts
Officials say the damage estimate for Florence may continue to change.
Please read our comment policy before commenting.