Insurers May Take $4.3 Billion Hit From Hurricane Zeta in US

Overturned trailers sit along LA-46 after Hurricane Zeta 2020 in Reggio, La., on Oct. 29, 2020. Sandy Huffaker/Getty Images

Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company Karen Clark & Co (KCC) stated on Nov. 2.

At least six people were killed in the southeast of the United States and more than 2 million people were without power on Oct. 29 after Hurricane Zeta slammed into the Gulf Coast and moved northeast.