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ISO Pegs Isabel Insured Loss at $1.17 Billion

Insurers are expected to pay $1.17 billion to homeowners and businesses for insured property losses from Hurricane Isabel that struck eight mid-Atlantic and northeastern states...
October 7, 2003

Insurers are expected to pay $1.17 billion to homeowners and businesses for insured property losses from Hurricane Isabel that struck eight mid-Atlantic and northeastern states on September 18-19, 2003. That's the latest estimate from the Property Claims Unit of the Insurance Services Office (ISO). At $450 million, Virginia sustained the greatest insured losses, followed by Maryland (including Washington D.C.) at $410 million and North Carolina at $170 million. Other states affected were New Jersey, New York, Pennsylvania, Delaware and West Virginia.

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