Hurricane Irma smashed into Florida as a powerful Category 4 storm, driving a wall of water and violent winds ashore and marking the first time since 1964 the U.S. was hit by back-to-back major hurricanes.
The company holds a policy that would probably cover about $100 million to $150 million, with costs shared by carriers in the London market and elsewhere.
Hurricane Irma shifted track and took aim at southwestern Florida, raising the risk of severe damage in Tampa and other cities facing the Gulf of Mexico.