Hurricane Isaac Comes Ashore, Causing Power Outages in 4 States

Senior hurricane specialist Stacy Stewart updates Isaac to a category one hurricane at the National Hurricane Center in Miami, Tuesday, Aug. 28, 2012. (AP Photo/Alan Diaz) Senior hurricane specialist Stacy Stewart updates Isaac to a category one hurricane at the National Hurricane Center in Miami, Tuesday, Aug. 28, 2012. (AP Photo/Alan Diaz)

Late Tuesday evening Isaac came ashore as a category 1 hurricane near the mouth of the Mississippi River in southeastern Louisiana, drenching land stretching into the Gulf of Mexico and causing widespread power outages.

Packing more of a punch than originally projected, Isaac knocked out power lines and compelled several reluctant evacuees to retreat to their roofs while awaiting emergency rescue. Reportedly three adults and an infant were rescued overnight via houseboat.

Entergy and Cleco power companies estimate that more than half a million—approximately 522,000—customers are currently without power in Louisiana, Mississippi and Alabama as a result. Company representatives cautioned that attempts to restore power will not be initiated until Isaac’s winds fall below 30 miles per hour.

Many fear the worst is yet to come. Although the slow-moving storm is much less powerful than Katrina, which smashed into New Orleans with unrelenting force seven years ago today, Isaac’s violent winds and oppressive rains are already testing the multibillion-dollar barrier system put in place after Katrina.

Earlier today, the hurricane pushed water over a levee on the outskirts of New Orleans, but despite mixed reports, did not breach the levees built to protect the city. Emergency officials in Plaquemines Parish, however, did cite the “overtopping of an 8-foot high levee” between the Braithwaite and White Ditch districts southeast of New Orleans.

Heavy rains are expected to persist in the coming days, and the immediate concerns are storm surge and massive flooding. Having already caused an estimated $1 billion in economic losses for offshore energy properties, Isaac’s impact on land-dwelling enterprises could be even higher. Eqecat has projected that various categories of insured losses along the coast of the U.S. Gulf of Mexico could reach $1.5 billion. A more robust estimate is expected to be released once the storm passes over New Orleans.

Comments

Resource Center

View All »

Complimentary Case Study: Helping achieve your financial goals By:...

Find out how a Special Investigation Union used TLOxp to save the company money and...

Do Your Clients Hold The Right CDL License?

Learn about the various classes of CDL Licenses and the industries that are impacted by...

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Claims-Handling Guidelines

Claims Magazine is providing the following free guidelines and regulations in order to help adjusting professionals stay abreast of each state’s unique property and casualty claim-handling requirements.

View our State Guidelines »

Advertisement. Closing in 15 seconds.