hurricane laura News

2020 Louisiana Hurricane Season Costs Insurers At Least $10.6 Billion

Insurance companies are on track to pay at least $10.6 billion to cover Louisiana claims for damage caused by Hurricanes Laura, Delta and Zeta, according to Insurance Commissioner Jim Donelon. Donelon released the latest data on Nov. 5. The number …

Louisiana Mayor: 300-400 Buildings Condemned From Hurricane Laura Damage

A Louisiana mayor says 300 to 400 commercial buildings damaged last year by Hurricane Laura are being condemned or marked for demolition. Lake Charles Mayor Nic Hunter told the City Council on Wednesday that he realizes business owners have needed …

Analysis: As Ida Strikes, Louisiana Still Waiting for Aid a Year After Laura

A powerful Hurricane Ida struck Louisiana on Aug. 29, but an equally powerful Hurricane Laura wrecked southwest Louisiana a year ago, leaving marks of devastation that remain evident today in blue-tarped roofs, damaged homes and boarded-up businesses that still dot …

$40M in Hurricane Laura Repairs at Louisiana College

A southwest Louisiana community college says it has nearly completed more than $40 million in repairs and rebuilding needed because of damage from last year’s Hurricane Laura. The need for skilled workers to repair buildings around the area has boosted …

Hurricane Laura Hit Louisiana a Year Ago but Recovery Is Ongoing

Hurricane Laura made landfall in Southwest Louisiana nearly a year ago but local officials and state insurance regulators say the area still a long way to go to recover. Laura, which made landfall on August 27, 2020, displaced 2005’s Hurricane …

Lake Charles Building Still Empty Months after Hurricane Laura

The Capital One Tower, a 22-story building that has stood tall over Lake Charles for nearly 40 years is still empty nearly a year after Hurricane Laura’s 150-mph winds knocked out windows up and down the building last August. The …

Louisiana 2020 Hurricane Insured Claim Costs Still Rising

Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department. The Louisiana Department of Insurance reported that insurance companies now …

FEMA Allocates Additional $22M for Hurricane Laura Recovery in Louisiana

Nearly $22 million in additional funding is now available from FEMA to assist in recovery from Hurricane Laura in Louisiana. FEMA said that damage from Laura was so severe that it crossed the threshold of FEMA’s normal public assistance cost-share …

$22M-Plus Recovered for Louisiana Insurance Consumers in 2020

The Louisiana Department of Insurance Office of Consumer Services recovered more than $22 million for consumers from insurance companies through complaint resolution in 2020, the department reported. All payouts are in excess of what insurers originally offered consumers for their …

Cost of Laura, Delta, Zeta Insurance Claims Up to $7.7B in Louisiana

Through the end 2020 property/casualty insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from Hurricanes Laura, Delta and Zeta, the state insurance department reported. This data represents the first …