$160M In Matthew-Related Claims Payouts In One South Carolina County

  Wednesday, May 3rd, 2017 Source: The Island Packet

Insurance companies have paid out more than $159.3 million on nearly 18,200 claims from Hurricane Matthew in Beaufort County since the October storm, Ray Farmer, the S.C. Department of Insurance director, said Monday. While some in the region are still trying to get home, 87 percent of the 18,193 insurance claims filed to date for residential and commercial structures in Beaufort County have been closed, Farmer told The Island Packet and The Beaufort Gazette. Overall, there have been 114,700 hurricane-related insurance claims filed statewide so far, with nearly $587 million in paid losses, Farmer said.

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