Moody’s: Ida’s Impact Likely to Be Greater on Regional Insurers, State’s LA Citizens August 31, 2021 While large, national property/casualty insurers with leading market shares in both the residential and commercial property markets in Louisiana will...
Texas’ Griddy Energy Settles Over Exorbitant Energy Bills From Freeze August 31, 2021 The electric utility Griddy Energy has reached a settlement with Texas officials over crushing electric bills its customers received after...
Analysts Foresee Modest Economic Damage in U.S. From Ida; Peg Insured Losses at $10B August 31, 2021 With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a...
Second Insurance Business Transfer in U.S. Approved in Oklahoma August 31, 2021 An Oklahoma court has approved Sentry Insurance Co.’s (Sentry) Insurance Business Transfer (IBT) Plan, insurance regulators say. This is the...
Floods, Outages Stall Oil Companies’ Efforts to Restart After Hurricane Ida August 31, 2021 By Marianna Parraga and Stephanie Kelly Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil...
Analysis: As Ida Strikes, Louisiana Still Waiting for Aid a Year After Laura August 30, 2021 By Melinda Deslatte A powerful Hurricane Ida struck Louisiana on Aug. 29, but an equally powerful Hurricane Laura wrecked southwest Louisiana a year...
Louisiana Governor Seeks Major Disaster Declaration After Ida’s Landfall August 29, 2021 Louisiana Gov. John Bel Edwards has asked President Joe Biden for a Presidential Major Disaster Declaration due to the severe...
Ida’s Economic Impact Could Spread Far Beyond Gulf Coast August 29, 2021 By Frank Bajak Hurricane Ida, with its high winds, floods and intense storm surge, not only will likely damage the energy-heavy Gulf Coast...
CoreLogic: Hurricane Ida Threatens 941K Homes with $220B in Rebuilding Cost August 29, 2021 Severe wind, surge inundation and extended heavy rainfall endanger more than 941,000 homes with a reconstruction cost value of all...
Ida Loses Punch, Levees Hold; Louisiana Expects More Rain, Flooding August 29, 2021 By Devika Krishna Kumar Ida lost some of its punch over southwestern Mississippi on Aug. 30 after making landfall in Louisiana as one of...