Company: Insured losses from Elsa could be $290 million

Weather

Fallen trees block Front Street on Wednesday, July 7, 2021 in Valrico. Tropical Storm Elsa continued to track north after dropping heavy rain in the Tampa Bay area. (Luis Santana/Tampa Bay Times via AP)

ATLANTA (AP) — A company that estimates damage from natural disasters says insured losses on land from Hurricane Elsa will be around $290 million.

About $240 million of that was from wind and storm surge in the U.S., while damage on Caribbean islands totaled about $50 million, Boston-based Karen Clark & Co. said in an initial report this week.

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Elsa, which did much of its damage in the U.S. as a tropical storm, caused flooding in several eastern states as it tracked from Florida through Georgia, the mid-Atlantic states and New England. The storm killed at least one person in Florida and spun up a tornado at a Georgia Navy base that flipped recreational vehicles upside-down and blew one of them into a lake.

Elsa’s aftermath: Tornado touched down in Suffolk; another reported in Isle of Wight

Karen Clark & Co. works with insurance firms to estimate damage. Its “flash estimate” on Elsa is limited to privately insured wind and storm surge damage to residential, commercial, and industrial properties and automobiles.

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