Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Claims News Service, Sept.26, 10:41 a.m. EST — Coinciding with the anniversary of Hurricane Rita, The Louisiana Department of Insurance (LDOI) recently issued an updated estimate of reported claims and insured losses paid-to-date for damage caused by the storm, which hit the state on Sept. 24, 2005. The following estimates do not include payments made by the government-sponsored National Flood Insurance Program.

According to the release, total losses paid in the state have exceeded $2.4 billion for the 200,582 claims made so far, meaning that the average claim payment is more than $12,000. The LDOI also noted that roughly 59 percent of claims made in the state were related to homeowners’ coverage, accounting for $1.3 billion of the reported losses and 118,726 claims.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.