2020 hurricane claims in Louisiana reach $10bn
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2020 hurricane claims in Louisiana reach $10bn

Hurricane Laura Lake Charles Louisiana Damage.jpg
Hurricane Laura damage in Lake Charles, Louisiana

Insurers now expect claims from the three hurricanes that struck Louisiana in 2020 to reach $10bn, the state’s insurance commissioner said, a 4% increase in claims from data reported the prior quarter.

The increases mean Hurricane Laura displaced 2005’s Hurricane Rita as the second most costly storm in Louisiana history, according to data released by the Louisiana Department of Insurance, and made the 2020 storm season the second most expensive for...

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