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News CatastrophesInsuranceMergers and Aqcuisitions

Dozens injured in tornadoes across southern Louisiana

February 8, 2017 Kevin McGill - THE ASSOCIATED PRESS

NEW ORLEANS – Brittany Ross remembers she was savoring the smell of her aunt’s simmering white beans when the storm that injured about 40 people in southeastern Louisiana hit. “The place started shaking, kind of twisting,” she said Tuesday as

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

Estimated insurable losses from Louisiana floods to range between US$8.5 billion and US$11 billion: AIR Worldwide

September 19, 2016 by Canadian Underwriter

AIR Worldwide is estimating that “industry ground-up insurable losses” from the flooding in Louisiana during August will be between US$8.5 billion and US$11 billion. The catastrophe modelling firm explained in a press release issued on Monday that the “industry ground-up

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FEMA approves $107 million in grants in Louisiana flooding

August 24, 2016 Melinda Deslatte - THE ASSOCIATED PRESS

BATON ROUGE, La. — Heavy trucks and their works crews have begun hauling away mounds of mouldy carpet, warped flooring and water-damaged furniture as south Louisiana digs out from flooding the governor estimated Tuesday had wrecked more than 100,000 homes.

News CatastrophesInsuranceMergers and Aqcuisitions

Louisiana, Mississippi flooding could exceed US$1.5 billion in economic damage, insured portion will be much less: Impact Forecasting

August 15, 2016 by Canadian Underwriter

Recent flooding across parts of Louisiana and southern Mississippi could approach or possibly exceed US$1.5 billion in economic damage, Impact Forecasting suggested in a cat alert issued on Sunday. “Based on the volume of river crest records that have been