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In 2005, Hurricane Katrina generated the largest single loss in the history of insurance – $41.1 billion and more than 1.7 million claims – across six states. This number does not include $16.1 billion in losses from flooding insured by the National Flood Insurance Program or $2 billion to $3 billion of insured damages to off-shore energy facilities.
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Hurricane Katrina Fact File - March 2010 (PDF File)