Hurricane Katrina. These two words name an event that has had a lasting effect on countless lives. Beyond the massive, incomprehensible devastation, this natural disaster provided numerous lessons for nearly every segment of society. Without question, the insurance industry was among those most impacted by Katrina's far-reaching implications.
While the majority of attention has been focused on the incredible structural devastation — understandably so — the impact of textiles on insurance claims provides a valuable lesson for future catastrophes.
Textiles have become a greater component of residential restoration over the past few years as more professional alternatives to the typical corner drycleaner have increased their service levels. For commercial losses, such as those with Katrina, a responsive solution for textiles can lead to a quicker turnaround for using the space again, as well as financial savings, whether it be a hotel, warehouse, or office building.
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.
