19 September 2017Insurance

Hurricane Irma claims reach $2bn

Hurricane Irma has so far triggered more than 335,000 claims amounting to $2 billion, according to the Florida Office of Insurance Regulation.

The aggregate information is compiled from claims data filed by insurers.

The data covers all claims based on filings received by the Florida Office of Insurance Regulation as of September 17, 2017 at 4:00 pm.

Hurricane Irma hammered much of Florida on Sunday, September 10, through the next day, with rain and winds that ripped off roofs, downed trees, caused widespread power outages, and flooded towns.

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More on this story

Insurance
20 September 2017   Total insured and uninsured loss for both residential and commercial properties caused by Hurricane Irma, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion, according to data provider CoreLogic.
Insurance
20 September 2017   Hurricane Maria is set to hit the same Caribbean/Puerto Rican insurers which have already been impacted by Hurricane Irma, AM Best said in a Sept. 19 report.
Insurance
15 September 2017   Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report.