Today's storms, today's events are simply vastly different from yesterday's events. One of the things that we're seeing is the energy content that these systems can retain is significantly greater than it used to be. The weather seems to be, in many cases, moving faster than we as a society are able to keep pace with it.
The $50 billion mark for direct losses is a threshold that differentiates 'truly historic events.' Milton and Helene have 'a very good shot' of joining that list of catastrophes.
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