Hurricane Michael’s losses estimated up to $4.5 billion in early going
The initial projected range of Michael's insured losses ranges between
"Our thoughts are with everyone in the
The group estimates residential losses at
Projected commercial losses range from
It is too early to know how that might affect insurance rates statewide, though the losses will represent a relatively small share of total revenues for big national home and car insurers such as
"For smaller companies, especially single-state
The ratings company "does not anticipate a large number of rating actions related to Hurricane Michael" but will be monitoring the aftermath closely, officials said.
More than 700,000 customers in
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