Talk to anyone who worked in New Orleans or the surrounding areas after Hurricane Katrina about their experiences and the reaction from these first-responders is immediate and emotional. From insurance adjusters and restoration contractors to vendors and government responders, their memories of the weeks and months spent along the Gulf Coast are vivid and frequently painful.
Katrina caused $96 billion to $125 billion in property damage, of which only $40 billion to $66 billion were covered losses. The massive storm destroyed an estimated 300,000 homes, impacted oil production, Louisiana's sugar cane crops and chemical plants, and decimated the tourism industry along the Gulf.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
