Hurricane Milton insured losses News

Florida’s Heritage Insurance Reports 5,400 Claims, $57M in Cat Losses From Milton

More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in Florida this month. Tampa-based Heritage Insurance Holdings said in a preliminary statement that about two weeks after Milton made landfall …

HCI Group Expects to Pay $600M to $750M in Claims from Recent Hurricanes

Publicly traded HCI Group, the Tampa-based holding company for Homeowners Choice Property & Casualty, TypTap and a new condominium insurance reciprocal, is one of the first Florida insurers to report estimated losses after recent hurricanes. HCI said in a statement …