COMMISSIONER DONELON UPDATES 2020 HURRICANE DATA THROUGH JUNE 30, 2021 The amount of money that insurers expect to pay for the 2020 hurricanes continues to grow, albeit more slowly, as Louisiana gets further away from last year’s historic storm season. Insurance companies have now reported $10 billion for claims in Louisiana from hurricanes Laura, Delta and Zeta through June 30, according to the latest round of information from insurers quantifying paid and reserved-topay losses for those hurricanes. Policyholders have filed 316,879 claims of all types from the three storms through the second quarter of this year. Of those, 205,554 claims, or 65%, were closed with payment as of June 30, garnering $7.8 billion in payments for damage caused by the three hurricanes. Insurers have reserved an additional $2.2 billion to pay on those claims. "As the amounts being paid out due to the devastating 2020 storm season continue to grow, I encourage policyholders to still file supplemental claims if they find additional damage
FOR IMMEDIATE RELEASE AUGUST 5, 2021
