The Florida Office of Insurance Regulation (“FOIR”) has updated its Hurricane Michael claims figures and now is reporting that more than 144,000 claims have been filed with insurers, and that insured losses exceed $6 billion.
The vast majority of claims – over 95,000 – relate to residential property; 78 percent of those claims have been closed.
The FOIR reported the following data as of Friday, March 15, 2019.
| Lines of Business | Number of Claims | Closed Claims (paid) | Closed Claims (not paid) | Number Claims Open | Percent Claims Closed |
| Residential Property | 95,118 | 61,845 | 12,750 | 20,523 | 78.4% |
| Homeowners | 69,698 | 43,666 | 9,710 | 16,322 | 76.6% |
| Dwelling | 15,316 | 10,284 | 2,319 | 2,713 | 82.3% |
| Mobile Homeowners | 9,213 | 7,494 | 605 | 1,114 | 87.9% |
| Commercial Residential | 891 | 401 | 116 | 374 | 58.0% |
| Commercial Property | 10,771 | 2,882 | 1,841 | 6,048 | 43.8% |
| Private Flood | 231 | 134 | 58 | 39 | 83.1% |
| Business Interruption | 844 | 209 | 150 | 485 | 42.5% |
| Other Lines of Business* | 37,152 | 30,985 | 4,033 | 2,134 | 94.3% |
| TOTALS | 144,116 | 96,055 | 18,832 | 29,229 | 79.7% |
Steven A. Meyerowitz
Steven A. Meyerowitz, a Harvard Law School graduate, is the founder and president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. He may be contacted at [email protected].