On Air Now

Current Show

The Mike McFeely Show   4:00 PM - 5:00 PM

Call the KFGO Studio at 800-880-5346

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 790 AM Fargo-Moorhead

Weather

Current Conditions(Fargo,ND 58103)

More Weather »
77° Feels Like: 78°
Wind: SW 14 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Partly Cloudy 51°

Tomorrow

Mostly Sunny 78°

Tues Night

Partly Cloudy 57°

Alerts

Property losses from Colorado floods to run nearly $2 billion: Eqecat

Rows of vehicles lie flooded in Weld County, Colorado September 17, 2013. REUTERS/Rick Wilking
Rows of vehicles lie flooded in Weld County, Colorado September 17, 2013. REUTERS/Rick Wilking

DENVER (Reuters) - The disaster modeling firm Eqecat has estimated that total losses in residential property damage and living expenses from the recent floods in Colorado will run about $900 million, with commercial and government property losses expected to hit $1 billion.

The Oakland, California-based company said residential property losses alone amount to more than $200 for each person who lives in the 17 flood-stricken counties of Colorado, based on 2012 census data, and that most of those costs are uninsured.

(Reporting by Steve Gorman in Los Angeles and Keith Coffman in Denver; Writing by Steve Gorman; Editing by Cynthia Johnston)

Comments