Hurricane Laura made landfall in Southwest Louisiana nearly a year ago but local officials and state insurance regulators say the area still a long way to go to recover.
Laura, which made landfall on August 27, 2020, displaced 2005’s Hurricane Rita as the second most costly storm in Louisiana history, the Louisiana Department of Insurance said.
Most of the 175,160 total insurance claims resulting from Hurricane Laura were residential property claims, according to the LDI. Total paid losses plus reserves on reported claims for Hurricane Laura as of the end of June were $8.6 billion, accounting for the vast majority of the estimated $10 billion in insured damage from the historic 2020 hurricane season in Louisiana.
