USA — The Insurance Information Institute issued the following news release:
Preoccupied with the economic downturn and the U.S. presidential election, many Americans were unaware of the severe hurricanes and frequent tornadoes that caused billions of dollars in insured losses nationwide this year, according to the Insurance Information Institute (I.I.I.).
There were 16 named storms this Atlantic hurricane season, making 2008 the year with the fourth-highest number of named storms since such records started being kept in 1944. Nine of the named storms became hurricanes, three of which made landfall in the U.S.: Dolly (Texas, in July); Gustav (Louisiana, in September); and Ike (Texas, also in September). The three U.S. hurricanes combined produced more than $11 billion of the $24.9 billion in insured losses for the year between January and September 2008.