Florida Office of Insurance Regulation Offers Assistance With Proprietary Catastrophe Reporting Software to Provide Real-Time Damage Estimates to Policymakers and Emergency Management Responders In Wake of Hurricane Irene

Aug 29, 2011

 

The following news release was issued by the Florida Office of Insurance Regulation today, August 29, 2011:

 

Office Announcement on Hurricane Irene

 

TALLAHASSEE, Fla.  The National Weather Service has reported the remnants of Hurricane Irene have moved into the Canadian Provinces of Quebec and Newfoundland and are no longer of tropical storm strength. Some early estimates have calculated property damage to be roughly $7 billion. Although Hurricane Irene mostly bypassed Florida, damage from the storm system was far ranging — at one point, 12 states and the District of Columbia were declared to be in a state of emergency.

“While our state was fortunate, other states must begin the painful process of clean-up and damage assessment from the storm,” remarked Insurance Commissioner Kevin McCarty.  “As our thoughts and prayers go to those who have lost loved ones, homes and businesses — our state’s insurance community stands ready to offer any assistance required.

Recently the Office sent volunteers to tornado ravaged Alabama to assist affected residents. During the 2004-2005 spate of gulf coast hurricanes, the Office authorized the NAIC and four states to utilize catastrophe reporting software developed by the Office. This allowed the states of Texas, Louisiana, Mississippi and Alabama to provide real-time damage estimates to policymakers and emergency management responders. The Office has offered similar assistance in the wake of Hurricane Irene.

 

 

Should you have any questions or comments, please contact Colodny Fass.