Hurricane and Catastrophic Weather Claims Surge in Florida: Technology, Trends, and Market Transformation

Florida's insurance landscape has been fundamentally transformed by an unprecedented surge in hurricane and catastrophic weather claims, creating a complex web of challenges that extends far beyond immediate storm damage. The 2024 hurricane season alone demonstrated the state's vulnerability and the insurance industry's struggle to adapt to increasingly severe weather patterns while managing spiraling costs and technological disruption. You may need Florida Public Adjuster. The Scale of Recent Devastation The 2024 Atlantic hurricane season brought devastating consequences to Florida, with three major storms—Debby, Helene, and Milton—causing unprecedented damage across the state. Citizens Property Insurance, the state's insurer of last resort, paid approximately $823 million in claims related to the 2024 hurricane season, representing just a fraction of the total industry impact. The broader financial implications are staggering. Hurricane Helene and Hurricane Milton al...