Hurricane Ian Could Cause Billions in Damage in Florida

The transcript discusses the rapid intensification of Hurricane Ian and its potential impact on Florida, particularly the real estate along the coastline. It highlights the historical context of storms in the region and the potential damage costs. The conversation also touches on the need for better infrastructure and preparation for such events, comparing the situation in Tampa to that of San Juan. The outlook for the current hurricane season is also discussed, noting an increase in activity as the season progresses.

What is the potential category strength of Hurricane Ian as it moves into the Gulf of Mexico?

• Category 5

• Category 4

• Category 3

• Category 2

What is a major concern for coastal real estate in Florida?

• Rising property taxes

• Lack of insurance coverage

• Increased tourism

• Proximity to historic storms

What is the estimated financial damage if Hurricane Ian hits Tampa Bay?

• $80 to $90 billion

• $60 to $70 billion

• $30 to $40 billion

• $10 to $20 billion

How does the infrastructure in mainland U.S. compare to Puerto Rico in terms of disaster recovery?

• Equally robust

• Not applicable

• Less robust

• More robust

What is the forecast for the current hurricane season?

• Unpredictable

• Above average

• Average

• Below average