AJ you are right : https://www.theguardian.com/business/2017/sep/12/hurricane-harvey-irma-damages-insurance-claims-hiscox-natural-disasters  
"“It’s only halfway through the hurricane season and we’ve already had one of the most expensive years ever.” and "Estimates had put the total economic cost (Harvey and Irma), which includes uninsured losses, at $200bn to $300bn over the weekend. Masojada said only one in six Houston homeowners had house insurance." and "A quarter of the houses in the Florida Keys have been destroyed, while another 65% suffered major damage, the US FEMA said on Tuesday." and "He warned that the price of insuring property would now rise across the US, not just in the worst affected states of Texas and Florida and beyond." The takeway headline that we never see is "fossil fuel industry lobby ensures it is massively subsidised, individual taxpayers lose everything". Note "Free Marketeer" Branson lost his BVI tax haven mansion; "please UK gov bail us out".