Hurricane insurance predictions place losses from Isaac at up to $1.5 billion

Hurricane Isaac

The storm brought severe wind and rains to many parts of several states. When Isaac made landfall and then passed through New Orleans, it left a swath of onshore damages that current estimates are predicting to bring hurricane insurance losses of between $500 million and $1.5 billion. This disaster modeling firm prediction applies to the losses in Louisiana alone. Though Isaac wasn’t one of the most damaging that the state – or the country – has seen, it still managed to wreak havoc to homeowners and businesses alike. It caused…

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Hurricane insurance misunderstandings may damage family storm readiness

Hurricane Shutters

As the severe weather season continues, homeowner misconceptions are reducing preparedness. Experts are saying that as the Caribbean heats up for the season, there are still many people who aren’t adequately informed about hurricane insurance, to the point that proper preparation for the storms is being derailed. They have released recommendations for preparedness that don’t just stop at food and water. That said, some of the top recommendations for being ready for the severe weather includes storing a week’s worth of food and water for every person in your home.…

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