The Florida Office of Insurance Regulation (“FOIR”) has updated its Hurricane Michael claims figures and it now estimates that total insured losses top $6.654 billion.
As of June 28, the FOIR is reporting that 147,877 claims have been filed with insurers.
The vast majority of claims – 97,912 – relate to residential property; 84.1 percent of those claims have been closed.
The FOIR reported the following data as of Friday, June 28, 2019:
| Lines of Business | Number of Claims | Closed Claims (paid) | Closed Claims (not paid) | Number Claims Open | Percent Claims Closed |
| Residential Property | 97,912 | 69,102 | 13,222 | 15,588 | 84.1% |
| Homeowners | 71,916 | 49,342 | 10,072 | 12,502 | 82.6% |
| Dwelling | 15,763 | 11,159 | 2,355 | 2,249 | 85.7% |
| Mobile Homeowners | 9,342 | 8,112 | 646 | 584 | 93.7% |
| Commercial Residential | 891 | 489 | 149 | 253 | 71.6% |
| Commercial Property | 11,179 | 4,292 | 2,402 | 4,485 | 59.9% |
| Private Flood | 233 | 154 | 49 | 30 | 87.1% |
| Business Interruption | 862 | 294 | 192 | 376 | 56.4% |
| Other Lines of Business* | 37,691 | 32,285 | 4,216 | 1,190 | 96.8% |
| TOTALS | 147,877 | 106,127 | 20,081 | 21,669 | 85.3% |
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].