- Title: Florida residents emerge to observe Matthew's damage
- Date: 7th October 2016
- Summary: VERO BEACH, FLORIDA, UNITED STATES (OCTOBER 7, 2016) (REUTERS) VARIOUS OF DOWN TREES IN VERO MID OF VERO APARTMENT COMPLEX STILL EXPERIENCING WIND MID OF VERO MAN WADING INTO FLOOD WATERS VARIOUS OF DOWNED TREES, FLOODING IN VERO
- Embargoed: 22nd October 2016 17:15
- Keywords: Hurricane Matthew storm Vero Beach Florida
- Location: VERO BEACH, FLORIDA, UNITED STATES
- City: VERO BEACH, FLORIDA, UNITED STATES
- Country: USA
- Topics: Environment,Weather
- Reuters ID: LVA001530DD8N
- Aspect Ratio: 16:9
- Story Text: Residents on Florida's Treasure Coast emerged from their homes Friday (October 7) to survey damage left in the wake of Hurricane Matthew. There were some pockets of flooding and downed palm trees across the area, which seemed to be mostly spared from what threatened to be one of the most powerful storms in Florida's modern history.
Hurricane Matthew could deliver tens of billions of dollars in damage along the Atlantic coast, according to experts, after the storm killed 500 people and left thousands homeless in Haiti.
Fitch Ratings estimates that if Matthew results in insured losses in excess of $10 billion, a greater proportion of losses will be borne by reinsurers as opposed to primary companies.
CoreLogic, a California-based real estate data firm, estimated the storm could cause up to $189 billion in storm surge damage to residential property in Florida alone.
Hurricane Matthew's trail of destruction in Haiti stunned those viewing the aftermath on Friday, with the number of dead soaring to 842, tens of thousands made homeless and crops destroyed in the impoverished Caribbean nation's breadbasket region.
Information trickled in from remote areas that were cut off by the storm, and it became clear that at least 175 people died in villages clustered among the hills and coast of Haiti's fertile western tip.
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