Ida is poised to join Katrina, Sandy, Harvey and Irma on the list of the top five costliest hurricanes as measured by insured losses.
Estimates of Ida’s damage have continued to climb as insurers disclose their costs. In one of the newest revisions, Risk Management Solutions Inc., a major catastrophe-risk modeling firm, last week estimated Ida’s U.S. insured losses at between $31 billion and $44 billion since its Aug. 29 landing in Louisiana.
