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Archive for August 2023

Hurricane Idalia Could Cost Insurers $9.36 Billion: UBS

Insurers were expected to face claims for billions of dollars from Hurricane Idalia which made landfall in Florida on Wednesday, adding to a challenging year for the industry that could result in higher premiums for customers. Hurricane Idalia plowed into … Source: Claims Journal

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Hurricane Idalia Strikes Florida With Powerful Category 3 Winds

Hurricane Idalia came ashore on Florida’s west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia’s maximum sustained winds reached 125 miles (201 kilometers) per hour Wednesday as it slammed into the … Source: Claims Journal

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