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CoreLogic predicts Ida losses to cost industry between $14bn and $21bn

New Orleans, United States. 30th Aug, 2021. A building in downtown New Orleans, Louisiana is destroyed in the aftermath of Hurricane Ida on Monday, August 30, 2021. Power was out in the city but the levees held, Photo by AJ Sisco/UPI Credit: UPI/Alamy Liv
Photo: UPI/Alamy Stock Photo

CoreLogic estimates that insured wind and flood losses from Ida will range between $14bn and $21bn, and 90% of the industry’s current exposure will be based out of Louisiana.

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