Isaias Insures Losses Estimated at up to $4bn
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 estimating $1–2 billion and Cotality projecting $2–3 billion in insured losses.
- Hurricane Isaias made landfall near Destin, Florida, on Oct. 9 with Category 2 sustained winds of 105 mph after intensifying over exceptionally warm Gulf waters.
- Florida Governor Ron DeSantis reported widespread power outages affecting roughly 448,000 residents across the Florida Panhandle and southern Alabama following the storm's passage.
- Wind damage in Santa Rosa and Escambia counties included roof failures and downed trees, while forecasters predicted peak storm surges of 6 to 9 feet from the Alabama-Florida border to Grayton Beach.
- Broader economic projections extend beyond insured losses; Accuweather estimates total damage at $16–20 billion, while Euler ILS Partners projects $2–4 billion in industry losses and Moody's described a "modest regional economic shock.
15 Articles
15 Articles
The Toronto Star
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…
Insured losses from Hurricane Isaias could reach $2 billion, ...
Cotality estimates up to $3bn in insured losses from Isaias’ wind and storm surge
Cotality, a global provider of property information, analytics, and technology-enabled data solutions, has estimated insured losses from Hurricane Isaias’ wind and storm surge at USD 2 billion to USD 3 billion, with the bulk of losses expected in the Florida Panhandle and southern Alabama. Hurricane Isaias made landfall near Destin, Florida, on 9 October, 2026, as a Category 2 hurricane with maximum sustained winds of 105 mph, with the centre ab…
Verisk Estimates Hurricane Isaias Losses in the $1bn-$2bn Range
The latest update from Verisk, who have provisional estimates a recent hurricane event; The Catastrophe and Risk Solutions business at Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance [...] The post Verisk Estimates Hurricane Isaias Losses in the $1bn-$2bn Range appeared first on .
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…
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