Naples, Florida in recovery mode following Hurricane Ian
Naples Mayor Teresa Heitmann discusses the aftermath of Hurricane Ian and the recovery efforts following the storm.
Early insurance claims from Hurricane Ian total nearly $474 million in estimated insurance losses, according to claims data posted to the Florida Office of Insurance Regulation website.
Companies were required to begin submitting data on Friday and the data showed a total of 62,047 claims with estimated losses of $473.828 million.
The majority of the claims were for residential properties, standing at 49,191, and 41,778 were homeowners.
About 1.1% of claims for residential properties were closed, with 496 closed without payment.
TROPICAL STORM IAN INSURANCE LOSSES PROJECTED TO REACH $40 BILLION
In addition, 1.2% of claims for homeowners were closed, with 458 closed without payment.
Furthermore, 1.1% of the 628 commercial property claims were closed, with seven closed without payment.
In total, of the 62,047 claims, just 1.1% had been closed.