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	<title>Hurricane Milton Archives - Insurance Journal</title>
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	<title>Hurricane Milton Archives - Insurance Journal</title>
	<link>https://www.insurancejournal.com/topics/hurricane-milton/</link>
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	<item>
		<title>Florida County Hit by 2024 Hurricanes Takes on Beach Restoration Without Fed Help</title>
		<link>https://www.insurancejournal.com/news/southeast/2025/10/10/843237.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Fri, 10 Oct 2025 05:02:53 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[beach renourishment]]></category>
		<category><![CDATA[beach restoration]]></category>
		<category><![CDATA[flood damage from Hurricane Milton]]></category>
		<category><![CDATA[Flood Insurance]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[storm surge in Florida]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=843237</guid>

							<description><![CDATA[The white sandy beaches along a swath of Florida&#8217;s Gulf Coast were battered by three hurricanes last year, leading to a multimillion-dollar effort to repair a coastline that is the region&#8217;s economic engine. Crews are working with dredges, trucks and &#8230;]]></description>
		
		
		
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		<item>
		<title>APCIA: Record Shows &#8216;Minimal Complaints&#8217; on Hurricane Milton, Helene Claims</title>
		<link>https://www.insurancejournal.com/news/national/2025/05/20/824364.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Tue, 20 May 2025 05:26:45 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[American Property Casualty Insurance Association (APCIA)]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[insurance claims]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=824364</guid>

							<description><![CDATA[The American Property Casualty Insurance Association (APCIA) chimed in to a recent Senate subcommittee hearing to defend the industry&#8217;s response to claims following hurricanes Milton and Helene. &#8220;The vast majority of claims from Hurricanes Milton and Helene have been settled, &#8230;]]></description>
		
		
		
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		<item>
		<title>Insured Losses From Natural Disasters Hit $140B as Climate Change &#8216;Shows Its Claws&#8217;</title>
		<link>https://www.insurancejournal.com/news/international/2025/01/09/807524.htm</link>
		
					<dc:creator><![CDATA[L.S. Howard]]></dc:creator>
					<pubDate>Thu, 09 Jan 2025 15:06:51 +0000</pubDate>
				<category><![CDATA[International & Reinsurance News]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Floods]]></category>
		<category><![CDATA[Germany floods]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Munich Re]]></category>
		<category><![CDATA[natural catastrophes]]></category>
		<category><![CDATA[Research and Trends]]></category>
		<category><![CDATA[secondary perils]]></category>
		<category><![CDATA[severe convective storms (SCS)]]></category>
		<category><![CDATA[Spain floods]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=807524</guid>

							<description><![CDATA[Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion – as climate change &#8220;is showing its claws,&#8221; according to Munich Re. Overall economic losses from natural disasters worldwide reached &#8230;]]></description>
		
		
		
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		<item>
		<title>Viewpoint: It Is Insurers&#8217; Time to Lead a Resilience Revolution</title>
		<link>https://www.insurancejournal.com/news/national/2025/01/09/805695.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Thu, 09 Jan 2025 06:52:12 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Ceres]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[flooding]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[NOAA]]></category>
		<category><![CDATA[property insurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=805695</guid>

							<description><![CDATA[There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions of dollars of destruction across the southeastern United States. These latest storms have shown that no region is safe from &#8230;]]></description>
		
		
		
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		<item>
		<title>Allstate October Catastrophe Losses of $286M Include Milton, Helene</title>
		<link>https://www.insurancejournal.com/news/national/2024/11/21/802070.htm</link>
		
				<pubDate>Thu, 21 Nov 2024 14:28:03 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Allstate]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=802070</guid>

							<description><![CDATA[Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included $102 million, pretax, from Hurricane Milton as well as $144 million in unfavorable reserve reestimates from Hurricane Helene primarily from &#8230;]]></description>
		
		
		
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		<item>
		<title>Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery</title>
		<link>https://www.insurancejournal.com/news/east/2024/11/20/801900.htm</link>
		
				<pubDate>Wed, 20 Nov 2024 19:00:10 +0000</pubDate>
				<category><![CDATA[East News]]></category>
		<category><![CDATA[2024 hurricane season]]></category>
		<category><![CDATA[federal disaster aid]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Virginia hurricane damage]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=801900</guid>

							<description><![CDATA[Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden, President-elect Donald Trump and Congressional appropriators for $4.4 billion in federal support. Youngkin said the aid is needed to support &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>St. Pete to Spend Millions on Stadium After Reducing Insurance Coverage This Year</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/11/05/800043.htm</link>
		
				<pubDate>Tue, 05 Nov 2024 06:01:58 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[St. Petersburg]]></category>
		<category><![CDATA[Tampa Bay Rays MLB]]></category>
		<category><![CDATA[Tropicana Field]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=800043</guid>

							<description><![CDATA[Like a homeowner who cut back on coverage only to face catastrophic damage in a storm, St. Petersburg, Florida, city officials may be regretting some insurance changes after much of the roof of the Major League Baseball stadium was ripped &#8230;]]></description>
		
		
		
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		<item>
		<title>Regional Banks With Florida Operations Brace for Loan Defaults After Hurricanes</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/11/01/799499.htm</link>
		
				<pubDate>Fri, 01 Nov 2024 15:53:27 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[force-placed homeowners insurance]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Hurricanes in Florida]]></category>
		<category><![CDATA[mortgage insurance requirements]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=799499</guid>

							<description><![CDATA[Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida, highlighting the risks extreme weather and climate change pose to banks. Two devastating hurricanes struck the Sunshine &#8230;]]></description>
		
		
		
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		<item>
		<title>KBRA Says Florida Insurers Will Weather the Storms; Cat Fund Can Handle Payouts</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/11/01/799492.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Fri, 01 Nov 2024 15:31:26 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[earnings events]]></category>
		<category><![CDATA[Florida CAT fund]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[hurricane losses]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Kroll Bond Rating Agency (KBRA)]]></category>
		<category><![CDATA[Reinsurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=799492</guid>

							<description><![CDATA[Florida&#8217;s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers&#8217; losses in Hurricanes Helene and Milton. But that won&#8217;t trigger a surcharge on premiums. And a number of Florida property &#8230;]]></description>
		
		
		
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		<item>
		<title>Global Reinsurers&#8217; ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best</title>
		<link>https://www.insurancejournal.com/news/international/2024/11/01/799463.htm</link>
		
					<dc:creator><![CDATA[L.S. Howard]]></dc:creator>
					<pubDate>Fri, 01 Nov 2024 11:01:11 +0000</pubDate>
				<category><![CDATA[International & Reinsurance News]]></category>
		<category><![CDATA[National News]]></category>
		<category><![CDATA[AM Best]]></category>
		<category><![CDATA[AM Best report]]></category>
		<category><![CDATA[cost of capital]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Karen Clark & Co. (KCC)]]></category>
		<category><![CDATA[Research and Trends]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=799463</guid>

							<description><![CDATA[AM Best&#8217;s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriting performance. The fundamentals are excellent, but Hurricanes Helene &#8230;]]></description>
		
		
		
		<enclosure url="https://www.insurancejournal.com/app/uploads/2024/10/Helene-NC-flood-damage-580x387.jpg" length="66610" type="image/jpeg" />	</item>
		<item>
		<title>Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/30/799103.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Wed, 30 Oct 2024 14:01:03 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[bad actors]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[public adjusters]]></category>
		<category><![CDATA[unscrupulous contractors]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=799103</guid>

							<description><![CDATA[Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene and Milton spurred thousands of insurance claims. The Tennessee Department of Commerce and Insurance reminded insurance carriers that they must &#8230;]]></description>
		
		
		
		<enclosure url="https://www.insurancejournal.com/app/uploads/2024/10/milton-damage-palmetto-fl-580x387.jpg" length="47413" type="image/jpeg" />	</item>
		<item>
		<title>Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/29/798957.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Tue, 29 Oct 2024 14:31:54 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[artificial intelligence (AI)]]></category>
		<category><![CDATA[disaster aid]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[North Carolina hurricane]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798957</guid>

							<description><![CDATA[Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people rapid, direct cash payments. The nonprofit &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>Liberty Mutual Estimates Up to $900M in Losses From Helene and Milton</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/28/798814.htm</link>
		
				<pubDate>Mon, 28 Oct 2024 15:17:45 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[financial results]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[LIberty Mutual]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798814</guid>

							<description><![CDATA[Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty Mutual Holding Company (LMHC) in a statement released some preliminary third quarter information &#8220;in support of a potential capital markets &#8230;]]></description>
		
		
		
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		<item>
		<title>Catastrophe-Bond Funds Suffered Virtually No Losses From Hurricane Milton</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/25/798530.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Fri, 25 Oct 2024 05:00:40 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe bonds]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798530</guid>

							<description><![CDATA[After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed. In fact, holders of the bonds may be looking at returns of as much as 12%, according to Zurich-based asset &#8230;]]></description>
		
		
		
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		<item>
		<title>Milton Ravaged One of the Most Popular Areas for Snowbirds on Florida&#8217;s Gulf Coast</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/24/798408.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Thu, 24 Oct 2024 13:13:26 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[condo coverage]]></category>
		<category><![CDATA[Florida Citizens Property Insurance Corp.]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Sarasota]]></category>
		<category><![CDATA[second-home insurance coverage]]></category>
		<category><![CDATA[Siesta Key]]></category>
		<category><![CDATA[snowbirds property insurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798408</guid>

							<description><![CDATA[BRADENTON BEACH, Fla. (AP) — The start of &#8220;snowbird&#8221; season in Florida is only weeks away, but many Florida Gulf Coast beaches, regularly voted some of the best in the United States, are closed to the public because of the &#8230;]]></description>
		
		
		
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		<item>
		<title>Hurricane Milton Caused $1.5B-$2.5B in Losses to Florida Agriculture</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/22/798140.htm</link>
		
				<pubDate>Tue, 22 Oct 2024 15:13:37 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[agriculture insurance losses]]></category>
		<category><![CDATA[crop insurance]]></category>
		<category><![CDATA[crop losses in hurricane]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798140</guid>

							<description><![CDATA[Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida&#8217;s crops and agricultural infrastructure, according to a preliminary assessment released by the state&#8217;s Department of Agriculture and Consumer Services on Thursday. The majority of Florida&#8217;s citrus &#8230;]]></description>
		
		
		
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		<item>
		<title>Claims from Hurricane Milton Continue to Rise in Florida</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/22/798050.htm</link>
		
				<pubDate>Tue, 22 Oct 2024 05:01:07 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[Florida Citizens Property Insurance Corp.]]></category>
		<category><![CDATA[Florida man]]></category>
		<category><![CDATA[Florida's property insurance market]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=798050</guid>

							<description><![CDATA[Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct. 21, the Florida Office of Insurance Regulation said carriers had reported more than 221,582 &#8230;]]></description>
		
		
		
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		<item>
		<title>Florida OIR Extends Order, Barring Policy Cancels or Nonrenews Until Dec. 10</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/18/797777.htm</link>
		
				<pubDate>Fri, 18 Oct 2024 15:32:11 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[Florida Office of Insurance Regulation (OIR)]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[policy cancellations]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797777</guid>

							<description><![CDATA[Florida&#8217;s insurance commissioner this week issued emergency orders, extending some policyholder cancellation protections in the wake of Hurricanes Helene and Milton. The orders, seen here and here, are in line with similar actions taken after hurricanes. The orders: Extend grace &#8230;]]></description>
		
		
		
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		<item>
		<title>Moody&#8217;s RMS, CoreLogic Add to Modelers&#8217; Take on Milton Insured Losses</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/18/797685.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Fri, 18 Oct 2024 04:25:07 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[Catastrophe modelers]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[insured losses]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797685</guid>

							<description><![CDATA[Moody&#8217;s RMS has pegged private insured losses from Hurricane Milton to between $22 billion and $36 billion, with a best guess of $26 billion. The Newark, California-based catastrophe modeler also narrowed its range for insured losses from hurricanes Milton and &#8230;]]></description>
		
		
		
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		<item>
		<title>Natural Disaster Losses Below Average Through Q3, Despite Higher Frequency: Report</title>
		<link>https://www.insurancejournal.com/news/international/2024/10/16/797319.htm</link>
		
				<pubDate>Wed, 16 Oct 2024 14:32:56 +0000</pubDate>
				<category><![CDATA[International & Reinsurance News]]></category>
		<category><![CDATA[National News]]></category>
		<category><![CDATA[2024 Atlantic hurricane season]]></category>
		<category><![CDATA[Gallagher Re]]></category>
		<category><![CDATA[Hurricane Beryl]]></category>
		<category><![CDATA[Hurricane Debby]]></category>
		<category><![CDATA[Hurricane Francine]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Hurricanes]]></category>
		<category><![CDATA[natural catastrophes]]></category>
		<category><![CDATA[Research and Trends]]></category>
		<category><![CDATA[severe convective storms (SCS)]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797319</guid>

							<description><![CDATA[Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Re&#8217;s latest Nat Cat report. The total economic loss from natural perils in the first three quarters of &#8230;]]></description>
		
		
		
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		<title>Hurricane Milton Insured Losses in $30B-$50B Range, Says Verisk</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/16/797292.htm</link>
		
				<pubDate>Wed, 16 Oct 2024 12:49:27 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[insured losses]]></category>
		<category><![CDATA[Verisk]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797292</guid>

							<description><![CDATA[Catastrophe modeler Verisk said it expects insured losses from Hurricane Milton will be between $30 billion and $50 billion from damages caused mostly by wind. Verisk&#8217;s Extreme Event Solutions group said the range includes privately insured losses to onshore property &#8230;]]></description>
		
		
		
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		<title>KCC Expects Private Insured Losses of $36B From Hurricane Milton</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/15/797097.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Tue, 15 Oct 2024 12:27:03 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe modeling]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[insured losses]]></category>
		<category><![CDATA[Karen Clark & Co. (KCC)]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797097</guid>

							<description><![CDATA[Florida&#8217;s Hurricane Milton caused private insured losses of about $36 billion, estimated catastrophe modeler Karen Clark &#38; Co. The estimate includes losses from wind, storms surge, and inland flooding to personal, commercial and industrial properties and vehicles, as well as &#8230;]]></description>
		
		
		
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		<title>Combined Losses From Milton and Helene to Be $35B-$55B: Moody&#8217;s RMS</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/15/797025.htm</link>
		
				<pubDate>Tue, 15 Oct 2024 04:18:57 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Moody’s RMS]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=797025</guid>

							<description><![CDATA[Moody&#8217;s RMS said private insurers can expect to dole out between $35 billion and $55 billion for hurricanes Milton and Helene. A final industry-loss estimate for Hurricane Milton, a Category 3 that struck Siesta Key, Florida on October 9, will &#8230;]]></description>
		
		
		
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		<title>Fitch Expects Insurance Industry Losses of Up to $50B From Milton</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/11/796897.htm</link>
		
				<pubDate>Fri, 11 Oct 2024 14:57:24 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Florida market]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Hurricanes]]></category>
		<category><![CDATA[Reinsurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796897</guid>

							<description><![CDATA[Fitch Ratings expects Hurricane Milton to cause between $30 billion and $50 billion in insured losses to push total industry losses in 2024 above $100 billion for the fifth straight year. The range of losses expected by rating agency Fitch &#8230;]]></description>
		
		
		
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		<title>Milton&#8217;s Surprise Was the Damage Unleashed by Powerful Winds</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/11/796902.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Fri, 11 Oct 2024 13:23:19 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[another named storm in Florida]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[warm Gulf waters]]></category>
		<category><![CDATA[wind claims in Florida]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796902</guid>

							<description><![CDATA[Storm Weakened But Still Brought 120-mph Winds to St. Petersburg Area Hurricane Milton&#8217;s devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops, as authorities warn it could take days to assess &#8230;]]></description>
		
		
		
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		<title>Group of Scientists Say Climate Change Drove Helene Impacts</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/11/796788.htm</link>
		
					<dc:creator><![CDATA[Don Jergler]]></dc:creator>
					<pubDate>Fri, 11 Oct 2024 05:09:59 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Climate Control]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[Lloyd's]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796788</guid>

							<description><![CDATA[Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week. Hurricane Helene made landfall as a Category 4 major hurricane west-southwest of Perry, Taylor County, Florida on Sept. 27, with &#8230;]]></description>
		
		
		
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		<title>Catastrophe Bonds Dodge Worst-Case Scenario After Milton</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/10/796734.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Thu, 10 Oct 2024 16:03:35 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe bonds]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796734</guid>

							<description><![CDATA[After fearing the worst from Hurricane Milton, investors in catastrophe bonds appear to have sustained losses well below those predicted as recently as Wednesday. Estimates that had indicated the bonds would lose as much as 15% have now been replaced &#8230;]]></description>
		
		
		
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		<title>Hurricane Milton Could Use Up P/C Insurers&#8217; 2024 Catastrophe Budgets</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/10/796690.htm</link>
		
				<pubDate>Thu, 10 Oct 2024 13:37:42 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[catastrophe losses]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[property/casualty insurance]]></category>
		<category><![CDATA[S&P]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796690</guid>

							<description><![CDATA[S&#38;P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S. property/casualty insurers, affecting underwriting margins and earnings. In a report titled &#8220;Hurricane Milton: The Implications For Rated U.S. Insurers And &#8230;]]></description>
		
		
		
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		<item>
		<title>With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/10/10/796605.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Thu, 10 Oct 2024 05:01:31 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[delays in claims adjusting]]></category>
		<category><![CDATA[field adjusters]]></category>
		<category><![CDATA[Hurricane Helene]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[independent claims adjusting firms]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796605</guid>

							<description><![CDATA[With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting. &#8220;We&#8217;re competing with Helene,&#8221; said &#8230;]]></description>
		
		
		
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		<item>
		<title>Experts Predict Impacts of $25B+ Milton Hit to Insurers, Reinsurers</title>
		<link>https://www.insurancejournal.com/news/national/2024/10/09/796520.htm</link>
		
					<dc:creator><![CDATA[Susanne Sclafane]]></dc:creator>
					<pubDate>Wed, 09 Oct 2024 13:26:04 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[BMS Group]]></category>
		<category><![CDATA[Hurricane Milton]]></category>
		<category><![CDATA[hurricane modeling]]></category>
		<category><![CDATA[Informed Group]]></category>
		<category><![CDATA[KBW]]></category>
		<category><![CDATA[natural catastrophes]]></category>
		<category><![CDATA[Reinsurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=796520</guid>

							<description><![CDATA[A wide cone of uncertainty surrounds insurance experts&#8217; pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 billion-plus loss event. Amid the volumes of commentary &#8230;]]></description>
		
		
		
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