News & Updates


Irma Losses Surpass $7 Million

Irma Losses Surpass $7 Million

As we enter 2018, information reported to the Florida Office of Insurance Regulation indicates that insured losses from Hurricane Irma have topped $7 billion, now reaching $7.2 billion.  These losses arise from the 877,000 claims that have been reported by insurers.


More than 80 percent of the reported claims have been closed, with about half being closed with payment and a little over 30 percent being closed without payment.

Industry data shows that Miami-Dade County has the largest number claims at 115,548.  Miami-Dade is followed by Broward County, 73,096; Orange County, 69,201; Lee County, 66,445; and Collier County, 65,692.