News Formal

Storm insured losses hit $8.7 billion - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Storm insured losses hit $8.7 billion

With more than 622,000 claims reported, estimated insured losses from Hurricane Ian have increased to $8.7 billion, according to data posted Wednesday by the Florida Office of Insurance Regulation.

The estimated loss total was up from $8.44 billion a week earlier and is expected to continue to climb. The data showed 622,692 claims had been reported as of Wednesday, up from 607,552 a week earlier. The vast majority of the claims reported as of Wednesday, 431,255, involved residential property, with other types involving such things as commercial property and auto damage.

The Category 4 storm made landfall Sept. 28 in Southwest Florida before crossing the state. Lee County had the most claims as of Wednesday, with 223,057. It was followed by Charlotte County, with 94,440, and Sarasota County, with 63,880, according to the state data.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Storm insured losses hit $8.7 billion - Jacksonville Business JournalThe total is expected to continued to rise.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

U.S. Olympics chooses Orlando to host 2024 event in Florida - Jacksonville Business JournalThis is the first time a Florida city was chosen for the event.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Tipped minimum wage debate rages across the country - Jacksonville Business JournalSome cities have voted to do away with tips, but that could cause chaos for some business owners.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Firm eyes 1.5 million-square-foot Nassau County industrial park - Jacksonville Business JournalWildlight Commerce Park, a 1.5 million-square-foot complex in Nassau County in the conceptual stages.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

St. Johns Golf Club to reopen at end of November - Jacksonville Business JournalThe course has been redesigned and renovated by Larsen Golf.
Source: JaxBizJournal - 🏆 599. / 51 Read more »