13 February 2018Insurance

Florida insured losses from hurricane Irma reach $8bn

Total  insured losses caused by hurricane Irma in Florida are estimated at $7.95 billion, according to latest information published by the Florida Office of Insurance Regulation.

The number of claims filed totalled 900,228 as of Feb. 9. Of all claims filed, 479,637 have been closed and paid while 293,229 have been closed and not paid. Overall, 85.9 percent of claims have been closed so far with 127,362 still open.

Hurricane Irma hit Florida in September 2017.

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More on this story

Insurance
18 September 2017   Combined industry insured losses for Hurricane Irma for the US and the Caribbean will range from $32 billion to $50 billion, according to estimates from catastrophe modelling firm AIR Worldwide.
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18 April 2018   Claims from hurricane Irma which struck Florida in September 2018 have reached $8.6 billion in the state, according to the Florida Office of Insurance Regulation.
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2 May 2018   The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida.