Acting Louisiana Insurance Commissioner Robert Wooley estimated damages to his state from Hurricane Lili to be at least $170 million in insured losses but lowered estimated insured damages from Tropical Storm Isidore to between $65 million and $70 million. Those numbers are down from a previously projected $100 million. He said the heaviest losses from Hurricane Lili appeared to be in the Lafayette-New Iberia area, which suffered widespread damage. Wooley expected damage estimates from Lili to increase as more claims are filed.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Lemonade $10.5 Million Settlement Over License Number Data Breach Approved
Florida Home Sellers Cutting Prices Adds to Pressure on Lennar
AIG’s Hancock to Retire as Head of General Insurance
Cleared of Charges, NJ’s Norcross Sues Inquirer, Editor for $100M in Defamation Suit 


