People sort through debris and rubble after Hurricane Michael hit Mexico Beach, Florida, U.S., on Friday, Oct. 12, 2018. Nearly a year later, losses have hit $6.6 billion while 15% of cases remain open. (Photographer: Zack Wittman/Bloomberg)
Nearly seven months after Hurricane Michael devastated the Florida Panhandle, updated numbers pin estimated insured losses at $6.6 billion, with 15.7% of cases still open.
The Cat-5 hurricane created severe property damage throughout Northwest Florida and nearly wiped out an entire community when it made landfall in Mexico Beach, Florida, on Oct. 10, 2018. As of May 31, 147,325 claims had been filed and 23,194 claims (15.7%) remained open, according to the Florida Office of Insurance Regulation’s updated data.
