For a storm that inflicted less damage than many had feared, Hurricane Matthew nevertheless impaired or destroyed more than 1 million structures, forced businesses from Florida to North Carolina to close and put thousands temporarily out of work. In many affected areas, small-business owners were still assessing the damage. The storm probably caused $10 billion in damage, according to an estimate from Goldman Sachs. Insurance companies are likely to be liable for about $4 billion to $6 billion of that total, according to an estimate Saturday by CoreLogic, a real estate data provider. But the figures suggest that Matthew's effect on the broader national economy would be minimal.
A significant part of the risk is now back on homeowners. And some of that ends up being disaster relief, so taxpayers also get involved more.Bob Hunter, director of insurance for the Consumer Federation of America
On Tuesday, the United States said it has temporarily suspended deportations of Haitians after the hurricane ravaged the Caribbean nation last week, killing more than 500. Last month, the U.S. announced that in response to a surge in Haitian immigration across the Mexican border, it would end special protections put in place after a 2010 earthquake devastated Haiti.
We will have to deal with that situation, address it, be sympathetic to the plight of the people of Haiti as a result of the hurricane.U.S. Secretary of Homeland Security Jeh Johnson, at an event in Mexico City