Hurricane Ida leads to destruction worth $95 bln: Accuweather
AccuWeather founder and CEO Joel Myers told CNBC, “It is rare for a hurricane from the Gulf of Mexico to produce this much damage this far north
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Published - Sep 09, 2021, 12:01 AM ET
Last Updated - Jun 05, 2024, 01:55 AM EDT
By Yashasvini Razdan, 5:50 PM ET
Economic damages caused by Hurricane Ida are yet to be assessed but Accuweather’s predictions upgraded the total to $95 billion from the initial forecast of $70-$80 billion.
AccuWeather founder and CEO Joel Myers told CNBC, “It is rare for a hurricane from the Gulf of Mexico to produce this much damage this far north.”
Ida made landfall in Louisiana on August 29, with sustained winds of 150 mph near Port Fourchon, damaging towns and some oil production facilities. It traveled northeastwards to New York causing related flooding.
