Special Report

Small Business Guidance Program

The Small Business Guidance Program, created by NU PropertyCasualty360 parent company ALM, provides small and midsize enterprises with the insights they need to thrive in today’s changing business environment. These articles focus on legal, financial, real estate, benefits and insurance issues that owners and managers encounter daily.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Cleaning up after Hurricane Ida and filing business interruption claims. New Orleans firefighters assess damages as they look through debris after a building collapsed from the effects of Hurricane Ida, on August 30, 2021, in New Orleans, La. (Photo: Eric Gay/AP)

With more than one million homes and businesses without power across Louisiana, assessing the damage from Hurricane Ida will definitely take some time. The Category 4 hurricane made landfall near Port Fourchon, La., on August 29, approximately 40 miles away from where Hurricane Katrina had landed just 16 years earlier.

Preliminary damage estimates of uninsured losses in Louisiana, Mississippi, and Alabama will be approximately $19 billion, according to CoreLogic, which pegs total losses (insured and uninsured) somewhere between $27 and $40 billion. Ninety percent of the losses are expected to be found in Louisiana, where nine parishes were severely impacted.

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?

Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]

More from this author


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 © 2024 ALM Global, LLC. All Rights Reserved.