Louisiana was ranked second out of all the states for insurance losses in 2008, with catastrophes causing $2.2 billion in damage. U.S. property-casualty insurers are expected to pay more than $25 billion in claims from homes and businesses, according to the report from ISO, an insurance trade group. A string of hurricanes, which included Gustav and Ike, drove up the total. ISO says this was the fourth most expensive year in the past decade. Texas sustained the most damage, with the state sustaining $10.2 billion in damage.
Louisiana insurance losses at $2.2 billion
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