On June 12, 2018, the Office of Insurance Regulation (“OIR”) released an update on Hurricane Irma claims data received by insurers. The total number of reported Hurricane Irma claims has reached 978,767 with losses totaling an estimated $9,701,252,056.
Of those claims, OIR reports that 823,733 are for residential properties and 58,544 for commercial properties. Miami-Dade County, Florida’s most populated county, continues to suffer the largest percentage of claims at 125,636. Collier County comes in next with 88,934 reported claims.
It has been nine months since Hurricane Irma struck Florida and approximately 69,651 residential claims are still open without a coverage determination. OIR reports over 18,485 open commercial property claims.