Verisk Estimates Insured Losses for Hurricane Isaias Could Reach USD 2 Billion
Key Highlights
- ➤Insured losses estimated at USD 1 billion to USD 2 billion
- ➤Wind expected to account for the vast majority of insured losses
- ➤Hurricane Isaias made landfall in Florida as a Category 2 storm
- ➤Loss estimate covers onshore properties and automobiles, including wind and storm surge
- ➤Precipitation-induced flooding losses are not expected to be significant
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 will range from USD 1 billion to USD 2 billion. The estimate includes losses from wind and privately insured storm surge resulting from Isaias' landfall in the Florida Panhandle. Wind is expected to account for the vast majority of insured losses.
Hurricane Isaias made landfall near Destin, Florida, at approximately 8:30 p.m. CDT on Oct. 9 as a Category 2 hurricane with maximum sustained winds of 105 mph and a minimum central pressure of 971 mb. The storm weakened rapidly after moving inland and transitioned into a post-tropical cyclone over Alabama early the following morning.
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