As Hurricane Milton rapidly intensifies, early estimates suggest it could cause damages ranging from $100 billion to $175 billion, leaving the insurance market on high alert. Catastrophe bond investors are bracing for huge losses while insurance stocks, including major players like Chubb and Progressive, have seen significant declines. Florida's real estate market is experiencing turbulence, and homeowners are anxiously preparing for impact. The situation is further complicated as reinsurers face potential scrutiny, with European markets already feeling the strain. Companies like Generac are seeing their stocks soar in contrast, as demand for generators increases. Analysts predict that the repercussions of Milton could reshape the entire insurance landscape and affect pricing for upcoming renewals.