New Orleans Firefighters assess damages as they look through debris after a building collapsed from the effects of Hurricane Ida, Monday, Aug. 30, 2021, in New Orleans, La. (Photo: Eric Gay/AP) New Orleans firefighters assess damages as they look through debris after a building collapsed from the effects of Hurricane Ida on Monday, Aug. 30, 2021, in New Orleans, La. (Photo: Eric Gay/AP)

Early estimates from Karen Clark & Company (KCC) indicate that insured losses from Hurricane Ida will be near $18 billion in the U.S. and $40 million in the Caribbean, not including privately insured damage to residential, commercial and industrial properties, offshore properties, autos, boats or NFIP losses.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].