October 18, 2012
Most property owners whose homes or other structures were damaged during Hurricane Isaac have approaching deadlines for filing claims for their flood-related losses. Most of these claims are due in the upcoming two weeks as the National Flood Insurance Program …
October 1, 2012
Hurricane Isaac damaged nearly 59,000 homes as the slow-moving storm crawled across southeast Louisiana, according to the latest damage estimates. The Governor’s Office of Homeland Security and Emergency Preparedness said the most severe damage hit houses and rental units in …
September 25, 2012
U.S. Senator Mary L. Landrieu, D-La., announced that the U.S. Department of Housing and Urban Development (HUD) has urged Federal Housing Administration (FHA) mortgage lenders to ensure that homeowners receive the insurance payments they are entitled to from damage due …
September 19, 2012
Entergy Corp. says its estimated damages from Hurricane Isaac range from $400 million to $500 million, and the storm is expected to reduce the utility’s third-quarter revenue. In a news release, Entergy said it will pursue all reasonable avenues to …
September 19, 2012
Two health care groups have filed a lawsuit against Insurance Commissioner Jim Donelon, over an insurance coverage change he made after Hurricane Isaac. The lawsuit by the Louisiana State Medical Society and the Louisiana Hospital Association was filed in Baton …
September 18, 2012
Sand Island along the Alabama coast has disappeared beneath the waves. The Sand Island Lighthouse is still standing alone in the water. But the island that was rebuilt by the U.S Army Corps of Engineers last year got eroded by …
September 14, 2012
U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses, estimates catastrophe modeler Risk Management Solutions (RMS). This …
September 12, 2012
An assessment won’t be finalized until all harvests are complete, but it appears that an estimated $100 million in losses to Louisiana’s row crop industry resulted from Hurricane Isaac, state agriculture officials say. That represents about 3 percent of the …
September 7, 2012
The New Orleans Museum of Art says it is closed because water from soil saturated by Hurricane Isaac is seeping into the basement, administrative offices and other areas. Seepage into the basement of the century-old building was a major hurdle …
September 5, 2012
For all the lives it took when it plowed across the Gulf Coast in 2005, Hurricane Katrina may have saved some during Isaac. Officials took lessons from Katrina and applied them to their emergency plans. Storm shelters that can house …