With 95% of Hurricane Michael insurance claims now closed, the state of Florida has opened a fund to help Panhandle residents impacted by the October 2018 Category 5 hurricane repair, rebuild, or replace their …
The Florida Office of Insurance Regulation (OIR) last week issued data calls on Hurricanes Sally, Michael, and Irma, providing notice to insurers to file a Catastrophe Reporting Form for these past storms. OIR is asking for …
Property insurance companies that do most of their business in Florida are taking care of business when it comes to handling Hurricane Michael claims efficiently. A new study by Demotech shows our domestic …
The Florida Office of Insurance Regulation (OIR) has directed insurance companies to “redouble efforts” to resolve the 21,669 open claims that remain from Hurricane Michael, saying it will be issuing an “enhanced …
I was in Panama City and other parts of Bay County this past week as part of my regular post Hurricane Michael listening tour. My visit, as usual, included meetings with local …
Insured losses from Hurricane Michael are growing at a faster rate, with a nearly $200 million increase in the first half of March, double each of the previous 15-day reporting periods since the beginning of …
The long, slow recovery continues in Florida’s Panhandle from Hurricane Michael. Although some additional funding has become available, the wait for substantial relief continues, while the cost estimates keep rising. It’s been nearly five …
The most recent data call report shows there have been 113,000 Florida insurance claims filed with total estimated insured losses of $2.35 billion. About 30% of those claims are now closed, and …
