October 14, 2026
Insured losses to onshore property from Hurricane Isaias are estimated at between $1 billion and $3 billion. Verisk puts estimated insured losses at between $1 billion and $2 billion, while Cotality estimates between $2 billion and $3 billion.
Isaias, the ninth named storm of the 2026 Atlantic hurricane season, made landfall near Destin, Florida on Oct. 9 as a Category 2 hurricane, Verisk says, with maximum sustained winds of 105 miles per hour. The storm weakened rapidly after landfall, becoming a post-tropical cyclone by the time it reached Alabama early the following morning.
According to Cotality, forecasters had called for peak storm surge of six to nine feet from the Alabama-Florida border to Grayton Beach, and four to seven feet from Grayton Beach to Indian Pass.
“Although increasing shear weakened the storm before landfall, Isaias reached the Gulf Coast as a significant hurricane and generated damaging wind impacts across portions of Florida, Alabama and Georgia,” notes Verisk.
Verisk says the most severe wind damage occurred west of Isaias' landfall location, “particularly in Florida’s Santa Rosa and northeastern Escambia counties. Reported impacts included roof damage, structural damage, downed trees and widespread debris.”
Verisk says it’s loss estimate includes losses from wind and storm surge, adding that losses from precipitation-induced flooding are not expected to be significant.