Hurricane Hermine Caused $80 Million In Damages

Follow CBSMIAMI.COM: Facebook | Twitter

TALLAHASSEE (CBSMiami/NSF) – Florida’s property-insurance industry didn’t take a serious blow from Hurricane Hermine, which whipped through the state the first week of September.

Insurance Commissioner David Altmaier told Gov. Rick Scott and the Cabinet on Tuesday that as of last Friday 205 insurance companies operating in the state had received 14,890 claims, which are expected to cost the industry about $80 million, Altmaier said.

“Those are numbers that we expect to fluctuate over the next several weeks to months as the claims adjustment process unfolds,” Altmaier said. “As you would expect after a Category 1 storm, those numbers don’t appear to put any particular company in any kind of financial duress.”

The News Service of Florida contributed to this report.

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Fired Up For The #FinsOn4
Weather Forecast 24/7

Listen Live