The Florida Office of Insurance Regulation (“FOIR”) has updated its Hurricane Michael claims figures and the new numbers do not show a big jump.
As of March 29, the FOIR continues to report that about 144,000 claims have been filed with insurers, and that insured losses exceed $6 billion – now, at $6,152,948,104.
The vast majority of claims – over 95,000 – relate to residential property; 79.7 percent of those claims have been closed.
The FOIR reported the following data as of Friday, March 29, 2019.
| Lines of Business | Number of Claims | Closed Claims (paid) | Closed Claims (not paid) | Number Claims Open | Percent Claims Closed |
| Residential Property | 95,632 | 63,377 | 12,833 | 19,422 | 79.7% |
| Homeowners | 70,139 | 44,902 | 9,787 | 15,450 | 78.0% |
| Dwelling | 15,363 | 10,471 | 2,313 | 2,579 | 83.2% |
| Mobile Homeowners | 9,232 | 7,576 | 610 | 1,046 | 88.7% |
| Commercial Residential | 898 | 428 | 123 | 347 | 61.4% |
| Commercial Property | 10,701 | 2,884 | 2,162 | 5,655 | 47.2% |
| Private Flood | 237 | 138 | 58 | 41 | 82.7% |
| Business Interruption | 848 | 229 | 157 | 462 | 45.5% |
| Other Lines of Business* | 37,249 | 31,255 | 4,102 | 1,892 | 94.9% |
| TOTALS | 144,667 | 97,883 | 19,312 | 27,472 | 81.0% |
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].