Miss. insurance losses from Isaac relatively small
Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney says.
Chaney says that as of Wednesday, Mississippi’s 21 largest insurers had received 9,400 claims and paid $8.6 million.
That’s tiny compared Hurricane Katrina’s $41 billion in insured damage nationwide. Isaac is expected to cause up to $2 billion in losses in areas it passed through.
Clarion Ledger
9/20/12
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