Tropical storm Cristobal is estimated to have caused an insurance and perhaps to a degree reinsurance market loss of around $150 million by catastrophe risk modeller Karen Clark & Company (KCC).
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Tropical storm Cristobal is expected to emerge back over the Gulf of Mexico later today and head generally northwards towards the United States, with strengthening forecast and still a chance that the storm could be named hurricane Cristobal prior to landfall.
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Tropical storm Cristobal has formed in the Bay of Campeche as the third named storm of the 2020 Atlantic hurricane season. Cristobal is forecast to head into the Gulf of Mexico, with a course towards the United States Gulf Coast and a landfall as a strengthening tropical storm, or perhaps even as hurricane Cristobal, now […]
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