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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.

Ida made two landfalls on its course: first hitting Cuba on August 27 with maximum sustained winds of 80 mph and then making landfall as a Category 4 storm near Port Fourchon, La., on August 29 with maximum sustained winds of 150 mph. The timing of Ida’s impact on Louisiana landed on the 16th anniversary of Hurricane Katrina, the costliest storm in U.S. history.

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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].

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