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Cotality estimates up to $3bn in insured losses from Isaias’ wind and storm surge

Cotality said wind and storm surge losses will mostly hit the Florida Panhandle and southern Alabama, with surge claims expected to fall on flood insurers.

  • Insurance loss estimates for Hurricane Isaias range from $1 billion to $3 billion, with data analytics firm Verisk projecting $1-2 billion and Cotality estimating $2-3 billion in insured losses.
  • Hurricane Isaias made landfall near Destin, Florida, on Oct. 9 as a Category 2 hurricane with sustained winds of 105 mph, after intensifying over exceptionally warm Gulf waters.
  • Widespread power outages affected roughly 448,000 residents in Florida, according to Florida Governor Ron DeSantis, with additional disruptions across the Florida Panhandle and southern Alabama.
  • Wind damage included roof failures and downed trees in Santa Rosa and Escambia counties, while forecasters predicted peak storm surges of 6 to 9 feet from the Alabama-Florida border to Grayton Beach.
  • Euler ILS Partners estimates industry losses between $2 billion and $4 billion, while Accuweather projects total economic damage reaching $16-20 billion and Moody's described a "modest regional economic shock.
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12 Articles

The Toronto StarThe Toronto Star
+5 Reposted by 5 other sources
Lean Left

Verisk Estimates Insured Losses for Hurricane Isaias Could Reach USD 2 Billion

BOSTON, Oct. 13, 2026 (GLOBE NEWSWIRE) -- The Catastrophe and Risk Solutions business at Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, estimates insured industry losses to onshore property from Hurricane Isaias…

·Toronto, Canada
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ReutersReuters
Reposted by
WTVBWTVB
Center

Insured losses from Hurricane Isaias could reach $2 billion, ...

·London, United Kingdom
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The first hurricane of the 2026 Atlantic season exhales the US assessment and challenges it at the same time: Although the exact damage assessment for evaluators and insurers is complex, the real estate data specialist Cotality (formerly CoreLogic), the analysis house Verisk, the rating agency Fitch and the asset manager Euler ILS Partner's first concrete damage estimates for the industry dare. The article New Billion Estimate for Hurricane "Isa…

As the first hurricane of the season, "Isaias" has swept over the south-east of the USA on the weekend and claimed several lives. According to various experts, the insured damage will be in the single-digit billion range. But the danger is not completely over. Hurricane "Isaias" hit land on the weekend in the south-east of the USA and killed four people and caused damage in the billions. © RAMMB/NOAA The disaster modeler Cotality estimates [...]

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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al broke the news on Tuesday, October 13, 2026.
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