Hurricane Insurance Losses Nearly $5.7 Biilion

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<News Service of Florida>

With the total increasing by more than $88 million in a week, estimated insured losses from Hurricane Michael moved closer to $5.7 billion, according to numbers posted on the state Office of Insurance Regulation website.

As of Friday, 145,685 claims had been filed from the Oct. 10 storm in Northwest Florida, with estimated insured losses of $5,687,144,604. That was up from estimated insured losses of $5,598,629,155 a week earlier.

Overall, 77.4 percent of claims had been closed as of Friday, up from 76.5 percent during the previous week. Hurricane Michael made landfall in Mexico Beach as a Category 4 storm and then caused massive damage as it plowed north into Georgia.

Bay County, which includes Panama City, had 87,724 claims as of Friday. It was followed by Jackson County, with 13,925 claims; Leon County, with 9,831 claims; Gulf County, with 8,280 claims; Gadsden County, with 6,061 claims; Calhoun County, with 4,069 claims; Washington County, with 3,466 claims; Franklin County, with 2,276 claims; Wakulla County, with 1,393 claims; and Liberty County, with 1,156 claims.

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