Verisk Analytics Estimates Industry Insured Losses In U.S. For Hurricane Beryl Will Range Between $2B-$3B

Author: Benzinga Newsdesk | July 19, 2024 06:14am

Beryl formed on the evening of June 28, quickly becoming a hurricane on the 29 and strengthening into a major hurricane the following day. On July 1, Beryl passed through the Windward Islands as a Category 4 hurricane and would go on to become a Category 5 hurricane later that day, the earliest Category 5 hurricane on record in the Atlantic. On the morning of the 2, Beryl reached its peak intensity with 165 mph sustained winds before beginning to slowly weaken later in the day as the storm encountered increasing wind shear.

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