Idalia losses estimated at $3B-$5B

By Ryan Dailey
News Service of Florida

Several hours after Hurricane Idalia hit, Gov. Ron DeSantis went to rural Taylor County, where debris, downed trees and some power lines littered the roads.

The Category 3 storm made landfall in Taylor County’s Keaton Beach area, and county Sheriff Wayne Padgett said other hard-hit areas included downtown Perry and Steinhatchee, “a little fishing village on the coast down there,” which he said had the most storm surge.

“As bad as it is, it still ain’t as bad as it could have been,” Padgett said.

Meanwhile, saying the insurance industry “dodged a bullet,” a reinsurance firm  last Thursday estimated that Hurricane Idalia caused $3 billion to $5 billion in insured losses.

The firm, BMS, pointed to Idalia making landfall last Wednesday in the Keaton Beach area of rural Taylor County before moving through other sparsely populated areas of North Florida.

“In reality, the insurance industry dodged a bullet as Idalia tracked over relatively rural areas with low population density,” an analysis posted on the BMS website said. 

The update did not break down potential insured losses in Florida and other states. After moving through North Florida, Idalia went into Georgia and South Carolina. While Idalia did not go through heavily populated areas, BMS said it showed potential far-reaching effects of future storms. 

“The tidal flooding all the way down to Bradenton, FL reveals that the impacts from named storms can be far-reaching beyond the destructive center of the storm and the cone of uncertainty,” the analysis said. “This should be a warning call for what will happen when a major hurricane strikes the Tampa Bay area.”

Taylor County sheriff Padgett also said that no fatalities had been reported “that we know of, right now.”

“We may get some reports tonight or tomorrow … as the water recedes and we can go in to try to check on people. As of now, we have not,” Padgett said.

DeSantis said clearing debris and downed trees will be a “huge effort.”

“There’s going to be a lot that’s going to be required to be able to clean this up, and to get everything back up and running again,” DeSantis said during a news conference.

At the time of DeSantis’ visit, a bridge leading into Steinhatchee was not passable. Florida Department of Transportation Secretary Jared Purdue also said State Road 24 leading into Cedar Key in Levy County also was not accessible last Wednesday afternoon.

DeSantis said that some aspects of recovery in the area could take months.

“You have people’s lives that have been at risk. We don’t necessarily have any confirmed fatalities yet, but that very well may change. And then you have people whose livelihoods have been turned upside down, so they’re going to need support,” the governor told reporters.

While no fatalities had been confirmed, DeSantis said during a 6 p.m. news conference in Tallahassee that the Florida Department of Law Enforcement was investigating a traffic-related death.

DeSantis contrasted the impacts of Hurricane Idalia with Hurricane Ian, which devastated Southwest Florida nearly a year ago.

“I can tell you, with Hurricane Ian … within an hour after it hitting, there were frantic phone calls to 911 locally there, of people that were literally drowning in their house,” DeSantis said. “And I remember talking to the sheriff down in Lee County on the phone, just the feeling of dread that those phone calls represented. You knew that there were going to be a lot of problems. We have not seen that in the same way on this storm.”

DeSantis added that “a lot of people really heeded the warnings that their local officials issued.”

The Taylor County Sheriff’s Office last Tuesday issued a mandatory evacuation order for all coastal residents.

Padgett said that “most” people in Steinhatchee evacuated ahead of the storm.

“We had a few that did not, but so far everybody’s safe,” said Padgett, who also urged people to “stay home” as power lines and trees were being removed from roads.

Heavy damage to some buildings was evident last Wednesday. The storm knocked over a canopy of a gas station operated by Ware Oil and Supply Co.

“Most everybody here, company-wise, evacuated. As a matter of fact, my county manager was just rolling back into town from evacuation. They don’t know what their house looks like, they haven’t been there yet,” Tallahassee resident Doug Everett, an owner of the company, told The News Service of Florida outside the station. “Nobody died, that’s the key.”

Everett echoed state officials’ sentiments that recovery would be a long road.

“In the last 40 years, this is probably hurricane number four for me,” Everett said. “And, when you start fixing stuff like this, it’s quite an undertaking.”