MELISSA BLOCK, host: From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
ROBERT SIEGEL, host: And I'm Robert Siegel. For the East Coast, Hurricane Irene has come and gone; now begins the cleanup and a reckoning of the storm's toll. At least 35 people died in the U.S., but overall, Irene appears to have been far less destructive than forecasters expected. NPR's Chris Arnold reports.
CHRIS ARNOLD: It's still early to make exact pronouncements about how much damage this storm caused or may still cause. Swollen rivers in upstate New York and New England continue to threaten dams. President Obama said today that the cleanup in many areas will be tough.
President BARACK OBAMA: The effects are still being felt across much of the country, including in New England and states like Vermont where there's been an enormous amount of flooding. So our response continues, but I'm going to make sure that FEMA and other agencies are doing everything in their power to help people on the ground.
ARNOLD: In most places though, homeowners and small business owners are pulling down the plywood from their windows, and they're feeling pretty good.
JANET COOPER: We really got lucky.
ARNOLD: Janet Cooper owns the East End art gallery in Margate City, New Jersey. Like many businesses, she boarded up the big windows around her shop and was bracing for the worst.
COOPER: The ocean is two blocks right here. I'm in the direct line of fire.
ARNOLD: So Cooper feels fortunate to be able to open back up for business today with no serious damage. But Irene was still, of course, bad for business. That's because it turned this bustling summer tourist area into a ghost town.
COOPER: You know, of course, it takes away business from next to the last weekend - big weekend in the summer season. We're very seasonal, and this hurts - hurts everybody. But thank God, our properties are OK, and we really did dodge a bullet.
ARNOLD: Damage estimates today are putting the national price tag for the storm at as much as $10 billion - but that keeps the storm in the realm of more minor hurricanes. Katrina, for example, caused more than eight times that much damage. Robert Hartwig is an economist who tracks disaster damage as the president of the Insurance Information Institute.
ROBERT HARTWIG: I think we're all grateful that Irene did not live up to its billing as being one of the most destructive storms ever to strike the United States. What we're looking at is total insured losses of perhaps 3, to 4 to $5 billion at this point, but this is well within the planning scenarios of what insurers expect in a given year. And in fact, on the lower end to mid end of this scale, this does not even make the top 10 list of largest hurricanes in the United States.
ARNOLD: Hartwig says even just this year, we've seen far worse damage from other storms. Not hurricanes, but tornadoes in places such as Joplin, Missouri, and Birmingham, Alabama.
HARTWIG: This year, so far, more than 500 people have been killed by tornadoes, and those tornadoes have produced more than $16 billion in insured losses. So, so far this year, those have been, by far, the most dramatic, expensive and tragic events.
ARNOLD: Some investors today were relieved that Irene wasn't as bad as other big storms. The stocks of major insurance companies rose sharply. Still, Hartwig says the East Coast remains vulnerable to large hurricanes. Irene lost its intensity in the end, but the next big storm might not. So he advises people to heed future evacuation orders and warnings, and he says this time around many people did heed those warnings, but not everybody. In Newark, New Jersey, Demitrios Frangeas helps run his family restaurant, Andros Diner.
DEMITRIOS FRANGEAS: Multiple times, we had Newark police officers and detectives, I guess, come in and inform us that we were in a state of emergency, and they wanted people off the streets. And they needed us to be shut down like everybody else.
ARNOLD: But the family said that they couldn't shut down. That's because they've always been open 24 hours, and they actually didn't have any way to lock the door.
FRANGEAS: We lost the keys some 25-odd years ago.
ARNOLD: In the end, Andros Diner stayed open to feed police and rescue workers and people who were staying in nearby shelters. Chris Arnold, NPR News.