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  • Assessing the aftermath of Hurricane Hermine

Assessing the aftermath of Hurricane Hermine

Since the storm that became Hurricane Hermine left Florida, there has been time to reflect on the damage left in its wake. The BBC reported that winds coming with the storm reached strengths of 80 mph, with waters in one region rising more than 9.5 feet.

Hundreds of thousands of homes reportedly lost power, including 60 percent of those in the Tallahassee area. Hermine was not just the first hurricane to strike Florida since 2005, it was also the first to make U.S. landfall in more than two years.

Florida Gov. Rick Scott released multiple statements as the storm progressed pertaining to the effect it could and has had on the community. On Sept. 6, he described his efforts traveling throughout Tallahassee in the wake of the hurricane damage.

"Outsourcing claims processing allows for better response times."

"Over the past five days, I have travelled across Tallahassee and spoken with families affected by this storm," Gov. Scott said. "Driving around the city, it is clear that there is still too much debris on our roadways and in our neighborhoods."

Despite this attention, insured losses may be lower than some might anticipate. Fitch Ratings reported that the amount of losses is expected to equal around $500 million, based on estimates from Karen Clark & Company. Overall, Fitch stated that the storm would likely have a "modest impact" on property/casualty markets.

Insurers that find themselves swamped during severe weather disasters may benefit from seeking outside help. Outsourcing claims processing allows for better response times and helps to make sure extreme cases get the proper amount of attention.

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