MICHAEL CAUSED ABOUT $8 BN IN DAM­AGE

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE -

An in­sur­ance com­pany that pro­duces mod­els for catas­tro­phes es­ti­mated Michael caused about $8 bil­lion in dam­age.

Bos­ton-based Karen Clark & Com­pany re­leased the es­ti­mate on Thurs­day, which in­cludes pri­vately in­sured wind and storm surge dam­age to res­i­den­tial, com­mer­cial and in­dus­trial prop­er­ties and ve­hi­cles.

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