The Florida Office of Insurance Regulation is reminding carriers that additional information about Hurricane Ian claims is due no later than Sept. 27.
By law, the office is required to collect data after hurricanes. Simple data was required in the months shortly after Ian hit the state’s southwest coast on Sept. 28, 2022. Now, the office is asking for enhanced data that provides more detail about claims and claims handling.
The OIR also said it has revised the catastrophe reporting form for the data, with more questions about reasons why claims have been closed without payment, about claims waiting on availability of contractors, and on open auto claims with assignments of benefits.
Other questions about AOBs have been removed, in keeping with a 2022 law that banned assignments-of-benefit agreements for property insurance claims.
Meanwhile, the office reported that almost 740,000 claims were filed as a result of Hurricane Ian, through the end of June. About 60% of those were closed with payment. Another 191,000 were closed without payment. Some 35,000 remained open without payment.
For Hurricane Idalia, which hit the Big Bend area of Florida Aug. 30 of this year, 20,151 claims were reported through Sept. 18. About 4,100 were closed with payment and 3,313 were closed without payment.
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