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Hurricane Milton

CADO Admin
/ Categories: News, Hurricanes

12/18 Update

 Milton made Landfall Near Siesta Key Florida as Cat 3 Hurricane at 830 PM EDT Wed Oct 09 2024

Info from the Florida Office of Insurance Regulation (OIR)

As of 12/18/24 The Florida Office of Insurance Regulation is currently reporting;

  • Total Claims Reported: 318,158
  • Total Incurred Loss: $3,623,157,247
  • Open Claims with no payment: 53,297
  • Percent of claims closed: 74.9%

Quote from their site; "OIR captures data in its efforts to evaluate catastrophe claims and compels all insurers to report data as of each required reporting date, per section 624.307, Florida Statutes. This aggregate information is compiled from claims data filed by insurers. It has not been audited or independently verified."

A link to the source of the above information is provided below which you can follow for additional information.

 

... more information related to Milton will be added once it becomes available

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