For years, Florida’s insurance industry said hurricane claims were driving it broke. A state examination told a different story, and regulators kept it from the public. News organizations published the study in September 2026 after fighting to obtain it.
What the Study Found
The examination covered 50 Florida property insurers. While the companies reported about $432 million in net losses, they transferred roughly $1.3 billion to affiliated companies through dividends and management fees. The money moved to sister companies inside the same corporate families, out of the entities that pay claims.
Why It Matters for Your Isaias Claim
When an insurer pleads poverty, claim handling gets aggressive: lower scopes, slower payments, more denials. The study undercuts the idea that low offers are an accident of hard times. They are a business model.
What To Do With This
- Document your full damage before cleanup, with photos and video
- Get an independent inspection and your own estimate of the loss
- Keep every letter, email, and deadline in one file
- Do not accept the first number because the company says times are hard
Read what news organizations published: Orlando Sentinel, September 25, 2026.
Policyholder Advocacy Group works for the policyholder, not the insurance company. Start with our Hurricane Isaias claim guide and a Free 21-Point Storm Inspection. Free claim review: call 800.511.2240.