Insurance companies have so far paid out $5 billion to thousands of Louisiana customers with damage from the 2020 hurricanes, according to data released by Insurance Commissioner Jim Donelon’s office, which provides the first detailed look at claims. Policyholders have filed nearly 291,000 claims for property damage, business destruction, lost vehicles and business interruption from
2020 Louisiana hurricanes have cost insurers $5B in claims so far
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