Hurricane Ian insured losses near $12.6B - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
December 27, 2022 Property and Casualty News
Share
Share
Post
Email

Hurricane Ian insured losses near $12.6B

Englewood Sun (FL)
With the total continuing to climb, estimated insured losses from Hurricane Ian have neared $12.6 billion, according to newly posted data on the Florida Office of Insurance Regulation website.

The data showed an estimated $12,576,696,298 in insured losses as of Wednesday, up from $10,271,655,453 a month earlier.

The new data showed that 669,639 claims had been reported from the hurricane, including 463,979 claims involving residential property.

Other types of claims included such things as commercial property and auto damage. As of Wednesday, 310,233 claims had been closed with payments made, while 153,309 claims had been closed without payments.

The Category 4 Ian made landfall Sept. 28 in Southwest Florida before crossing the state. Lee County has had the most claims reported, with 238,633 as of Wednesday.

It was followed by Charlotte County, with 100,052 claims, and Sarasota County, with 68,173 claims.

The Federal Emergency Management Agency broke the numbers down a bit more in a Friday news release.

"Since the federal disaster declaration for Hurricane Ian, DeSoto County residents have received more than $27.7 million in federal funds as of Dec. 19," it stated.

In Charlotte County, that number is more than $250 million as of Dec. 19.

That's included nearly $70 million in grants to more than 25,000 renters and homeowners; more than $180 million in Small Business Administration loans for businesses, renters and homeowners, the news release said.

Other federal programs have included more than $45 million in "Housing Assistance grants for home repair, home replacement, and/or rental assistance."

Another nearly $25 million in grants have helped replace "essential household items and for other critical disaster-related expenses," the news release states.

Rental assistance has gone to more than 3,100 residents while the Disaster Survivor Assistance has visited more than 20,500 Charlotte County homes.

The SBA low-interest disaster loans have been OK'd for 2,649 Charlotte County applicants, divvying up the $180 million.

In DeSoto County, nearly $17 million in FEMA grants has been allocated to 4,188 homeowners and renters while nearly $11 million in SBA low-interest disaster loans was approved.

Rental assistance has gone to more than 850 DeSoto County residents while the Disaster Survivor Assistance has visited more than 6,600 DeSoto County homes.

Older

Federal Reserve's credibility tested

Newer

Rural Pennsylvanians stranded by health care giants

Advisor News

  • Investors remain skeptical of AI in financial advice
  • House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
  • OBBBA opens the door for advanced wealth transfer strategies
  • Health insurance premium tax bill advancing
  • The Medi-Cal money pit
More Advisor News

Annuity News

  • Lincoln Financial launches two new FIAs
  • Great-West Life & Annuity Insurance Company trademark request filed
  • The forces shaping life and annuities in 2026
  • Variable annuity sales surge as market confidence remains high, Wink finds
  • New Allianz Life Annuity Offers Added Flexibility in Income Benefits
More Annuity News

Health/Employee Benefits News

  • Chiropractic patients, providers deal with pain of losing Medicaid coverage
  • An Application for the Trademark “REFLECTION HEALTH” Has Been Filed by Providence Health Plan: Providence Health Plan
  • Studies from National Center for Emerging and Zoonotic Infectious Diseases Yield New Information about Coccidioidomycosis (Investigating Asthma After Coccidioidomycosis Among Patients With Commercial Health Insurance, United States, 2017-2022): Fungal Diseases and Conditions – Coccidioidomycosis
  • New Managed Care Study Results from Oregon Health & Science University (OHSU) Described (‘ghost’ Physicians: More Than One-quarter of Physicians Enrolled In Medicaid Delivered No Care To Beneficiaries In 2021): Managed Care
  • Overhaul of NC’s health plan could cut costs, depending on which provider you pick
More Health/Employee Benefits News

Life Insurance News

  • National Farm Life Insurance Board Elects Dr. Kyle W. McGregor as Chairman
  • SBLI’s EasyTrak Term Now with Chronic Illness Rider at No Additional Premium Cost
  • Ethics and IUL: Tax-advantaged strategies for client success
  • SWBC’s Joan Cleveland Appointed to the Texas Life and Health Insurance Guaranty Association Board of Directors
  • Indexed life sales hit big despite lawsuits, market headwinds, Wink finds
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet