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FSC intensifies scrutiny of outstanding Hurricane Melissa claims

Business

Finance

October 17, 2026

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FSC intensifies scrutiny of outstanding Hurricane Melissa claims

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KINGSTON, Jamaica—The Financial Services Commission (FSC) is intensifying its scrutiny of outstanding Hurricane Melissa insurance claims as its latest industry-wide assessment shows that 1,563 claims remained unresolved as at September 30, 2026.

This is despite a reported settlement rate of approximately 85 per cent by number.

Full coverageJamaica Advances Recovery Efforts Nearly a Year After Hurricane Melissa72 reports

The commission’s assessment, based on submissions from insurers across all classes of business, indicates that 10,365 claims were reported, including coinsurance arrangements of which 8,802 have been settled.

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Sourced from Jamaica Observer. Visit their website to read the full story.

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