The insurance industry remembers Hurricane Katrina and the changes it brought

Hurricane Katrina insurance industry

Following that tremendous natural disaster, policies have looked different in a number of ways. The last few days have marked the tenth anniversary of the time when New Orleans was devastated by Hurricane Katrina, in the biggest disaster that the insurance industry had ever seen in the history of the United States. A decade ago, the levees were breached and the city’s protective flood walls caved, flooding 80 percent of the city. A year following the disaster, the population of New Orleans was half what it had been before the…

Read More