La. Commissioner Reports Insured Damages Minimal from Bill

Louisiana Commissioner of Insurance Robert Wooley said preliminary damage estimates show Tropical Storm Bill caused around $16 million in insured damages in Louisiana. Included in that figure are federal flood insurance claims.

Wooley said the losses caused by Bill are typical of a severe thunderstorm rather than a tropical storm. “Damage estimates will likely increase slightly, but I don’t believe Bill caused much more damage than what we’re reporting now,” said the Commissioner. Wooley adds that the bulk of the claims filed are for flooded vehicles and falling debris, like tree limbs, on homes and businesses.

The Department of Insurance estimates the following insurance claims have been filed in Louisiana as a result of Tropical Storm Bill:

– More than 2,250 homeowners claims with losses of more than $7.2 million;
– More than 1,150 private passenger auto claims totaling over $4 million;
– Nearly 1,000 commercial insurance claims totaling around $4 million;
– 255 federal flood claims totaling around $800,000.