Hurricane Humberto on Sept. 13, 2013 (Credit: NASA, MODIS/ LANCE, via Wikimedia Commons)
An insurance firm claims that the 2013 storm season has been one of the least eventful in decades, Reuters reported.
Insurance broker Willis Re published a review of the season, revealing it to be the quietest since 1982. Only two hurricane-classified storms struck this season: Humberto and Ingrid.
Hurricane seasons are carefully observed by the insurance industry, as damages to heavily insured population centers such as Miami can cost the industry billions of dollars. Seasons with low occurrences of hurricanes see fewer claims and drive down reinsurance prices.
Hurricane season runs from June through November, and this year’s was anticipated to be above average in terms of activity.
Image: Hurricane Humberto on Sept. 13, 2013 (Credit: NASA, MODIS/ LANCE, via Wikimedia Commons)
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