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Press Release

Office Announcement on Hurricane Irene
Monday, August 29, 2011
Contact Info:

Jack McDermott
(850) 413-2515
Jack.McDermott@floir.com

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.
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Contact Info:

Jack McDermott
(850) 413-2515
Jack.McDermott@floir.com

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation (Office) has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com.

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