Idalia insured losses top $200M - Insurance News | InsuranceNewsNet

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September 22, 2023 Newswires
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Idalia insured losses top $200M

West Villages Sun (Venice, FL)

TALLAHASSEE — Estimated insured losses from Hurricane Idalia have topped $200 million and continue to increase.

The Florida Office of Insurance Regulation posted data Thursday that showed insurers had reported an estimated $202.3 million in insured losses and 20,976 claims from the Category 3 hurricane, which made landfall Aug. 30 in Taylor County and barreled through parts of North Florida.

Those numbers were up from an estimated $188 million in insured losses and 20,151 claims on Monday.

The Thursday data showed 14,529 claims had been filed for residential-property damage, with other types of claims for such things as auto damage.

Insurers reported that 5,611 claims had been closed with payments, while 4,068 had been closed without payments.

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