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Hurricane Isaias has generated approximately 55,000 claims reported following the Category 2 storm’s October 9, 2026, landfall near Destin, according to the Florida Office of Insurance Regulation (OIR).
The majority of claims originated in the western Florida Panhandle, where coastal communities experienced substantial wind damage.
- Hurricane Isaias has generated approximately 55,000 insurance claims and nearly $582 mn in estimated insured losses in Florida following its October 9, 2026, landfall.
- Moody’s RMS estimates multistate insured losses at $2.5 bn to $4.5 bn, while Karen Clark & Company projects $3 bn in privately insured losses nationwide.
- Florida has requested approximately $237 mn in federal disaster assistance, with six deaths linked to the storm and thousands of insurance claims still awaiting settlement.
As of October 25, Santa Rosa County accounted for more than 26,000 claims, followed by Escambia County with nearly 17,000. Insurers also received approximately 5,200 claims in Okaloosa County, more than 2,000 in Walton County and almost 2,000 in Bay County.
Approximately 47,000 claims involved residential properties. The remaining claims covered automobiles, commercial properties, business interruption and other insurance lines.
The preliminary loss figures are expected to develop as insurers continue assessing damage and processing claims.
Moody’s RMS estimates Hurricane Isaias losses at up to $4.5 bn
Catastrophe risk modeling firm Moody’s RMS estimated insured losses across multiple states at between $2.5 bn and $4.5 bn.
Catastrophe modeling firm Karen Clark & Company (KCC) separately projected approximately $3 bn in privately insured losses nationwide.
The most severe impacts were concentrated in the coastal cities and towns of the Florida Panhandle, like Destin, Pensacola Beach, and Navarre. Major damage has also been observed in towns around Pensacola Bay, such as Milton and Pace.
Moody’s RMS characterized the damage as “manageable,” noting that the hurricane weakened as it approached the coast.
“Thankfully, the storm encountered strong wind shear as it approached landfall, which disrupted its structure and weakened the wind field considerably,” said Jeff Waters, Director of North Atlantic hurricane models at Moody’s.
Moody’s RMS attributed most insured losses to wind damage.
KCC’s $3 bn estimate excludes claims under the National Flood Insurance Program (NFIP), which Moody’s RMS separately estimated at approximately $250 mn.
Florida insurers continue processing Hurricane Isaias claims
The OIR reported that just over 3,500 claims had been closed with some payment, while nearly 8,500 had been closed without payment.
Among claims remaining open, 1,454 had already received partial payments.
The figures indicate that a substantial proportion of claims remained unresolved as insurers continued evaluating damage, coverage and settlement amounts.
The distribution of claims also shows that Santa Rosa and Escambia counties account for most reported insurance activity following the hurricane.
Florida requests $237 mn in federal disaster assistance
Florida Governor Ron DeSantis announced that the state’s Division of Emergency Management had submitted a request to President Donald Trump for a major disaster declaration following Hurricane Isaias.
The request seeks approximately $237 mn in federal resources to support affected communities across northwest Florida.
The proposed assistance includes public assistance for 15 counties and individual assistance for eligible residents in eight designated counties.
Six deaths in Florida have been linked to the hurricane.
Hurricane Isaias losses compared with Milton, Helene and Michael
The preliminary insured losses from Hurricane Isaias remain below those recorded after several major hurricanes that affected Florida in recent years.
Hurricane Milton, which made landfall near Siesta Key in Sarasota County in October 2024, generated approximately $5.6 bn in insured losses and 385,146 claims, according to state insurance data.
Hurricane Helene, which struck Florida’s Big Bend region west-southwest of Perry in Taylor County in September 2024, produced approximately $2.58 bn in insured losses from 155,182 claims.
Hurricane Michael, which made landfall near Mexico Beach in the Florida Panhandle on October 10, 2018, was a Category 5 storm with maximum sustained winds of 160 mph.
Michael generated approximately $9.1 bn in insured losses in Florida. Nearly 159,000 claims were filed following the hurricane, with almost 130,000 resulting in some payment.
The latest Isaias estimates remain preliminary, with Florida insurers continuing to receive claims and evaluate the financial impact across residential, commercial and other insured properties.
