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.
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market 


