Insurance companies have paid out more than $47 million on about 46,000 claims for damage caused by Hurricane Dennis, according to the Office of Insurance Regulation. The report indicates insurers expect to eventually pay out more than $900 million in claims from the hurricane. More than $640 million of the claims are expected to be from Florida. Of the claims already filed more than 75 percent were in Santa Rosa, Escambia and Okaloosa counties. Santa Rosa County residents reported 18,950 claims, or about 40 percent of those filed.
Was this article valuable?
Here are more articles you may enjoy.
Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
US Personal Lines Insurers Ask for Less Rate After Period of Catch-Up 


