National Underwriter Property & Casualty andPC360.com present the first of two videos commemorating the 10-yearanniversary of Hurricane Katrina.
|On August 29, 2005, Hurricane Katrina struck the Gulf Coast ofthe U.S. and caused more than $41 billion in insured propertydamage. In total, the storm caused between $96 and $125 billion inproperty damage, destroying an estimated 300,000 homes. The falloutfrom Katrina has led to significant changes within the insuranceand risk management industry.
|In this video, J. Robert Wooley, the Louisiana commissioner ofinsurance during Katrina, and Richie Clements, David Clements andTim Clements of Clements Insurance Services in Chalmette, La. speakto NU-PC360 Editor-in-Chief Shawn Moynihan about the daysbefore, during and after Hurricane Katrina hit the New Orleansarea, and how the insurance industry quickly jumped into action tohelp out the citizens impacted by the storm.
|WATCH PART TWO HERE: The state of New Orleans: 10 years after HurricaneKatrina
|See related: 'The Rising' part 1: Surviving Katrina and theflood of claims
|'The Rising' part 2: PIA's nationalpresident on Katrina's horror and New Orleans'recovery
||Want to continue reading?
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