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Economic cost of Harvey and Irma could hit US$290b

But insurers are relieved that predictions about Irma's damage have been excessively dire

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A partially submerged car in a flooded area in Coconut Grove in Miami on Sunday. Irma shifted course to Florida's Gulf Coast over the weekend, sparing Miami a direct hit, but warnings of high waters from storm surges remained in place in south and central Florida

Washington

THE combined economic cost of Hurricanes Harvey and Irma could reach US$290 billion, equivalent to 1.5 per cent of the US gross domestic product, US forecaster AccuWeather said in a report on Sunday.

The firm's chief executive and founder Joel Myers said: "We believe the

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