(Bloomberg) — Hurricane Laura raked Louisiana early Thursday (August 27), becoming one of the most powerful storms ever to hit the state, with a storm surge, flash floods, and devastating winds that could inflict more than $15 billion in insured losses. The storm had fallen to Category 1 by 10 a.m. local time, with top winds of 75 mph.

The system's landfall comes 15 years after Hurricane Katrina hit the region on August 29, 2005.

Laura came ashore at 1 a.m. local time near Cameron, Louisiana, with maximum winds of 150 miles (241 kilometers) per hour, matching a record set in 1856. Local officials said flooding was less than expected, while wind inflicted most of the damage. It killed at least one: a 14-year-old Louisiana girl who died when a tree fell on her home, according to Governor John Bel Edwards.

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.

© 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.