Florida was able to evade the path of Tropical Storm Isaac on Sunday, suffering little wind damage and minor power outages. However, the storm continues to build steam, expected to be a Category 2 hurricane with a diameter of more than 580 miles heading for the Gulf Coast.
According to CoreLogic, this leaves insurers with $36 billion in potential exposure to residential property damage to brace for. This high estimate is largely the result of remaining uncertainties. While estimates have the storm moving onto land within the next 48 hours, where it will strike is still unknown.
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