Hurricane Ian News

NFIP: 43,000 Flood Claims and $273 Million Paid So Far After Hurricane Ian

The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three months to renew their expiring policies. The agency said last week that Florida property owners with National Flood Insurance Program …

Bees Hit By Winds, Storm Surge, Rain During Hurricane Ian

FORT MYERS, Fla. (AP) — This summer has been the toughest in decades on Southwest Florida beekeepers, who were hit hard last month by powerful Hurricane Ian. Ian came at a particularly bad time because beekeepers and honey producers here …

Swiss Re Posts Loss on Hurricane Hit, Signals Price Hikes Ahead

Swiss Re reported a third-quarter loss of $442 million driven by claims tied to the damage from hurricane Ian, and signaled that renewal prices would jump next year. The Zurich-based reinsurer’s key unit saw $2.5 billion in claims related to …

Fla. Cat Fund May Borrow Billions Even Without Another Hurricane

The Florida Hurricane Catastrophe Fund is well equipped to handle losses from Hurricane Ian, which are now estimated to cost the fund about $10 billion, but it could mean the fund will have borrow billions next year – at steep …

Hurricane Ian’s Lucrative Cleanup Deals Generate New Storm

It has been a month since Hurricane Ian wiped out parts of southwest Florida. Now multimillion-dollar cleanup contracts are generating new tempests in the Category 4 storm’s wake. Contractors who remove debris and perform post-storm repairs are fighting over local …

Viewpoint: Ranking Hurricane Ian Among the Ten Worst Natural Disasters in US History

We are in the early stages of sifting through the debris of Hurricane Ian and calculating the financial and human toll it took after coming ashore in Southwest Florida with 150 mph winds and 20 inches of rain. The insured …

Southwest Florida Agriculture Takes Big Hit from Hurricane Ian

BRADENTON, Fla. (AP ) — Hurricane Ian made landfall in Southwest Florida at the worst possible time for many in the agricultural community, cutting a path through Florida’s citrus belt and hitting tomato fields just before the start of seasonal …

Florida CFO Calls for Ban on Assignments of Benefits, Limits on Public Adjusters

In the wake of Hurricane Ian, Florida’s chief financial officer has taken a hard line on insurance claims litigation, calling for an outright ban on assignments-of-benefits agreements. At a press conference in Cape Coral, a city hit hard by the …

US Offers Hurricane Assistance to Cubans Amid Blackouts

MIAMI (AP) — The United States said Tuesday it has offered critical emergency humanitarian assistance to the people of Cuba to recover from the devastation caused by Hurricane Ian, an unusual but not unprecedented move after years of bilateral tensions. …

Sanibel Island Causeway Washed Out by Ian Reopens Early

SANIBEL, Fla. (AP) — The causeway washed out by Hurricane Ian that links Sanibel Island to the Florida mainland reopened with temporary repairs on Wednesday, Gov. Ron DeSantis announced. The 3-mile (4.8-kilometer) causeway was badly damage by the Category 4 …