insured losses from Hurricane Idalia News

Horseshoe Beach Hopes to Rebuild After Idalia, But Most Had No Flood Insurance

HORSESHOE BEACH, Fla. (AP) — This remote seaside enclave known as “Florida`s Last Frontier” took much of the pounding from Hurricane Idalia when it struck the state`s west coast as a Category 3 storm last week. The damage left behind …

AM Best: Idalia Will Put Pressure on Underwriting Results, Could Tighten Reinsurance

Hurricane Idalia, with estimates of insured losses as low as $2 billion, will nonetheless affect underwriting results for a number of carriers, the AM Best financial rating firm said in a report released Friday. “Hurricane Idalia will most likely be …

Early Estimates Put Idalia’s Insured Losses at $3-9 Billion for Florida

Preliminary estimates of insured losses from Hurricane Idalia have already begun, with about $9 billion in losses predicted for Florida alone. The estimates are far lower than some in Florida had feared and well below the $60 billion in losses …