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Hurricane Dorian estimated insured losses at $19 million in Florida

Posted: 6:42 AM, Oct 16, 2019
Updated: 2019-10-16 06:42:46-04
In this NOAA GOES-East satellite handout image, Hurricane Dorian, now a Cat. 4 storm, moves slowly past Grand Bahama Island on September 2, 2019 in the Atlantic Ocean. Dorian moved slowly past the Bahamas at times just 1 mph as it unleashed massive flooding and winds of 150 m.p.h.

When Hurricane Dorian took a turn last month and avoided landfall in Florida, it largely spared the state’s insurance industry from getting hit with claims.

Only 5,764 claims from Hurricane Dorian had been filed in Florida as of Oct. 4, with estimated insured losses at $19 million, according to information posted on the state Office of Insurance Regulation.

SPECIAL COVERAGE: Bahamas after Hurricane Dorian

By comparison, Hurricane Michael, which devastated parts of Northwest Florida last year, has generated about 150,000 claims and $7.16 billion in estimated insured losses.

Hurricane Dorian flattened parts of the Bahamas and threatened Florida before staying off the state’s East Coast.

Of the 5,764 claims filed, 3,113 involved residential property, the Office of Insurance Regulation numbers show. As of Oct. 4, 62.7 percent of the claims had been closed.