National Underwriter Property & Casualty and PC360.com present the first of two videos commemorating the 10-year anniversary of Hurricane Katrina.
On August 29, 2005, Hurricane Katrina struck the Gulf Coast of the U.S. and caused more than $41 billion in insured property damage. In total, the storm caused between $96 and $125 billion in property damage, destroying an estimated 300,000 homes. The fallout from Katrina has led to significant changes within the insurance and risk management industry.
In this video, J. Robert Wooley, the Louisiana commissioner of insurance during Katrina, and Richie Clements, David Clements and Tim Clements of Clements Insurance Services in Chalmette, La. speak to NU-PC360 Editor-in-Chief Shawn Moynihan about the days before, during and after Hurricane Katrina hit the New Orleans area, and how the insurance industry quickly jumped into action to help out the citizens impacted by the storm.
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
© 2024 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.