Ida highlights how much work is yet to be done to fill insurance gaps

13-09-2021

Ida highlights how much work is yet to be done to fill insurance gaps

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Hurricane Ida, which made landfall as a Category 4 storm near Port Fourchon, Louisiana on August 29, is expected to be one of the costliest US mainland hurricanes on record with total direct economic losses anticipated to reach well into the tens of billions dollars. The event, coupled with recent subsequent natural disasters, have thrown insurance protection gaps into the spotlight once again.


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