Hurricanes Helene and Milton Spur Insurance Crisis

In recent weeks, hurricanes Helene and Milton have devastated regions, with Milton alone causing an estimated $55 billion in damages in Florida, exacerbating the state's property insurance crisis. Helene, identified as the deadliest U.S. storm since Katrina, resulted in over 200 deaths across several states. Both storms have intensified discussions on climate change, as experts attribute their severity to warmer temperatures that fuel stronger hurricanes. Insurance companies face scrutiny for high denial rates on claims, with significant non-payment trends reported by Weiss Ratings, though insurers dispute these findings. The impacts have prompted federal regulators to urge banks to aid affected borrowers, highlighting financial system adaptations to disaster responses. Meanwhile, a cultural note sees 'The Simpsons' fans claiming the show predicted these hurricane events, a testament to its perceived cultural prescience.