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Home›Insurance›Property Insurance›Cotality estimates insured losses of $2bn to $3bn from…

Cotality estimates insured losses of $2bn to $3bn from Hurricane Isaias

The storm made landfall near Destin, Florida, on Oct. 9, 2026, as a Category 2 hurricane, with peak storm surge forecast up to 9 feet.

Cotality estimated insured losses from Hurricane Isaias wind and storm surge at between USD 2 billion and USD 3 billion, with most losses expected in the Florida Panhandle and southern Alabama.

The company said the hurricane made landfall near Destin, Florida, on Oct. 9, 2026, as a Category 2 storm with maximum sustained winds of 105 mph, after previously peaking as a Category 3 major hurricane over the Gulf earlier in the day.

Cotality also cited wind observations including sustained winds of 91 mph and a gust of 116 mph near Santa Rosa Sound, and sustained winds of 63 mph with a gust of 100 mph in Pensacola.

For storm surge, the company referenced forecasts for peak flooding of 6 to 9 feet from the Alabama-Florida border to Grayton Beach, and 4 to 7 feet from Grayton Beach to Indian Pass, plus a NOAA water-level gauge at Panama City Beach reading 5.6 feet above mean higher high water.

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