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Ida’s insured property hit as much as $25bn, AIR estimates

September 3, 2021

Wind and storm surge damage inflicted by Hurricane Ida to insured onshore property has been estimated by AIR Worldwide to total between $17 billion and $25 billion.

Ida’s first landfall was near Port Fourchon, roughly 60 miles south of New Orleans, hitting maximum sustained winds of 150 mph.

It then collided southwest of Galliano at maximum sustained speeds of 145 mph, before undergoing an eyewall replacement.

AIR states that In practical terms, New Orleans experienced strong winds on the order of 90 to 100 mph due to the large windfield and a slow decay of the storm.

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