Search
 

Industry Responds to Charley

Although damage from August's Hurricane Charley was still being assessed when this issue of Claims went to press, preliminary estimates of insured losses were just over $7 billion, making it the

By Staff Writer | Updated on January 26, 2006

Although damage from August’s Hurricane Charley was still being assessed when this issue of Claims went to press, preliminary estimates of insured losses were just over $7 billion, making it the second most expensive hurricane in United States history, according to the Insurance Information Institute.

Despite the losses suffered by thousands of Floridians, the insurance industry and local government agencies were well prepared to deal with the aftermath of the Category 4 hurricane’s 145 mph winds. The state of Florida’s Department of Financial Services immediately deployed its Mobile Response Unit to southwest Florida to assist policyholders in filing insurance claims and resolving insurance problems.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2025 ALM Global, LLC. All Rights Reserved.