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Harvey Damages Could Cost Up to $90 Billion

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Hurricane Harvey Pummels Houston Area With Floods

Hurricane Harvey could cause $70 billion to $90 billion in economic losses from wind, storm surge and flood damage, most of it in the Houston metropolitan area, according to risk-modeling company RMS.

The majority of those losses will be uninsured, RMS said Wednesday in a statement. The final tally of damages could rise as the flooding continues, the company said.