Hurricane Milton Is Florida's Second Storm In Two Weeks: How Disney, Theme Parks, Insurance Companies Could Be Impacted

Florida is bracing for another hurricane to make landfall this week, less than two weeks after Hurricane Helene.

Here's a look at the forecast and stocks to watch.

Hurricane Milton Intensifies: Less than two weeks after Hurricane Helene hit Florida, Hurricane Milton is intensifying into a potential Category 4 or Category 5 storm, set to make landfall in the state on Wednesday.

CNN reported that the storm has grown in size and is now considered a Category 3 hurricane. According to the report, the storm's growing size could affect a larger area of Florida than the last hurricane.

Milton is expected to hit the Gulf Coast of Florida, with the state already declaring a state of emergency and working on evacuations. Hillsborough County, which includes Tampa, is among the areas expected to call for evacuations Monday.

Several school districts in the state closed school Monday.

Florida Division of Emergency Management director Kevin Guthrie said Sunday the storm could result in the state's largest evacuation since 2017.

"I urge Floridians to finalize your storm preparations now, enact your plan," Guthrie said Sunday.

Florida Gov. Ron DeSantis cautioned residents on the potential for more power outages in the state than with Helene.

The timing of Milton could create a double whammy for the state of Florida and surrounding regions that are ...

Full story available on Benzinga.com