
: , : skip to main skip to sidebar Pages Home Our mission : consumer protection Insurance Consumer Hotline Monday , July 26, 2010 Katrina , five years later : The costliest disaster in the history of the global insurance industry Five years after Hurricane Katrina slammed into Louisiana , leaving much of New Orleans underwater , the Insurance Information Institute , an industry-funded group , has put out a white paper detailing statistics from the . disaster Some of the : findings Private-sector insurers paid out more than 41 billion on 1.7 million auto- , home- and business insurance claims , making Katrina the costliest disaster in the history of the global insurance industry . The federal government's National Flood Insurance Program paid out an additional 16.1 billion in claims , a