The Morganza spillway is located about 45 miles northwest of Baton Rouge, and if opened, will send water into the rural area between the Atchafalaya and Mississippi Rivers in central Louisiana. (Photo: Daniel Acker/Bloomberg) The Morganza spillway is located about 45 miles northwest of Baton Rouge, and if opened, will send water into the rural area between the Atchafalaya and Mississippi Rivers in central Louisiana. (Photo: Daniel Acker/Bloomberg)

(Bloomberg) — A major barrier that keeps the Mississippi River in its current path may be opened for just the third time in its history, potentially flooding a large part of rural Louisiana and affecting refineries in the region.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
E&S/Specialty
Emerging Risk
Weather Risk