Milton’s 123,000 Claims So Far to Mean New Pressure on Reinsurance, Rate Hikes

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Insurance Journal - Oct 15, 2024

Property Insurance claims from Hurricane Milton had topped more than 123,000 by Sunday, with some $1.5 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which made landfall in Florida two weeks earlier, …...

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