Sunday, September 23, 2018
Real Estate

State: Hurricane Irma caused $8.6 billion in insured losses

Claims data is still rolling in for Hurricane Irma, which caused much more damage than previously thought. The Florida Office of Insurance Regulation revised its estimate of insured losses from the September 2017 storm to $8.61 billion on Thursday, up $1.7 billion from estimates five months ago.

"This upward trend is not unexpected as companies continue to adjust and close claims," Erin VanSickle, deputy chief of staff for OIR, said in an email. "OIR will continue to monitor the financial strength of companies and the way they are responding to customers and will continue to regularly post claims information on the OIR website. "

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The updated estimates include a total of 24,749 claims in Pinellas County, 8,773 claims in Pasco County, 19,727 claims in Hillsborough County and 2,848 claims in Hernando County.

Contact this reporter at [email protected] or (727) 892-2249. Follow @malenacarollo.

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