Insurers increase loss estimate for Louisiana hurricanes by 25%
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Insurers increase loss estimate for Louisiana hurricanes by 25%

Hurricane Laura Lake Charles Louisiana Damage.jpg
Hurricane Laura damage in Lake Charles, Louisiana

Insurers have increased cost estimates for the three hurricanes that struck Louisiana by 25% since the end of last year, according to Jim Donelon, commissioner for the Louisiana Department of Insurance (LDI).

Policyholders have now filed 311,266 claims for damages caused by a trio of major storms that hit the state between August and October last year.


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