Hurricane Ian News

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Florida OIR Says Enhanced Data Reporting on Hurricane Ian Claims is Due April 17

Apr 5 2024 // The Florida Office of Insurance Regulation is reminding carriers that additional data is due April 17 on Hurricane Ian claims. All property insurers are required by law to submit the enhanced catastrophe reports, including...

FEMA Raises Federal Cost Share to 90% of Eligible Hurricane Ian Recovery in Florida

Oct 26 2023 // The Federal Emergency Management Agency has raised the federal cost share for funding assistance, potentially making millions more dollars available to Florida authorities for Hurricane Ian recovery efforts in Florida, the...

Florida OIR Wants Enhanced Hurricane Ian Data by Sept. 27. Claims Have Topped 740,000

Sep 21 2023 // 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...

Florida’s Universal Insurance Bounces Back in Q4 After Hurricane Ian Losses

Feb 27 2023 // Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous...

Talent Gap, Access to Healthcare for Transgender Patients, and Hurricane Ian Recovery

Dec 28 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...

Progressive Lowers Loss Estimate From Hurricane Ian By $400M

Dec 22 2022 // The Progressive Corp. said Dec. 21 that its loss and allocated loss adjustment expenses (ALAE) in the property business are estimated to be $1 billion from, prior to reinsurance, from Hurricane Ian. The insurer said this...

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