Irma is the kind of storm where you get thousands of lives lost. This is not going to be the big slow-motion flood like Harvey - this is a real, honest-to-God hurricane.
- Chuck Watson, disaster modeler with Enki Research
Update 3: The Irma hits just keep on coming, with the NHC Atlantic Ops twitter page reporting that as of this moment, Irma is now the stronger hurricane in the Atlantic basin outside of the Caribbean Sea and Gulf of Mexico in NHC records. “Preparations should be rushed to completion in the hurricane warning area,” the NHC said.
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The good folks at the NOAA2 just recorded Hurricane Irma's surface winds at ~200mph, barreling towards the lesser Antilles. The current trajectory of the storm has it wiping out all of Miami, or perhaps swinging west and laying waste to the Florida keys. Either way, insurance stocks (UVE, HCI, HRTG, FNHC) in Florida are positively doomed.
Here is the latest reading on this great storm of death and cataclysm.
With Hurricane Irma, now an “extremely dangerous” category 5 storm bearing down on southeastern Florida, the Miami Herald reports that Miami Mayor Carlos Gimenez has told reporters that an evacuation order was "probably coming late Wednesday or early Thursday." According to the latest forecasts, the storm is expected to make landfall in the US this weekend, unless the jet stream pulls it in a more northerly direction.
As if the speculation over the potential destruction from Hurricane Irma was not enough, which as of this morning has been dubbed the strongest Atlantic Hurricane in NHC records, a new Tropical Storm - Jose - the 10th of the seasons, has formed over the Atlantic, and according to the latest advisory, "Jose could become a hurricane by Friday."