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October 04, 2022 at 01:28 PM
Life, health and annuity issuers are starting to make large donations to Hurricane Ian recovery and relief efforts.
The hurricane first hit the mainland United States Sept. 28, near Fort Myers Beach, Florida. Officials had confirmed more than 100 hurricane-related deaths as of Tuesday. Verisk has estimated that the storm may have caused about $57 billion in insured losses.
Elevance Health — the Indianapolis-based company formerly known as Anthem — said Monday that it will donate at least $2.7 million to disaster response efforts.
The company will give $1 million to community-run relief efforts in Florida; $1 million to the American Red Cross; $100,000 to medical-relief organization Americares; $100,000 to Direct Relief, an organization that responds to specific requests from local partners; and $500,000 to a partnership that includes Rebuilding Together, Direct Relief and Kelly’s Kitchen, which will provide food, health supplies and home repairs.
Elevance will also continue to match employee donations to its foundation.
In other Ian-related donation news:
USAA has promised to give $1.25 million, with $500,000 going to the American Red Cross, $500, to Team Rubicon and $50,000 each to five U.S. military aid societies. USAA is a multiline insurer that focuses on providing insurance and annuities for U.S. military personnel, veterans, and the families of military personnel and veterans.
Team Rubicon clears routes, mucks out homes and helps with home repairs.
