The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

World

Hurricane Katrina Statistics Fast Facts

by August 17, 2023
August 17, 2023
Hurricane Katrina Statistics Fast Facts

Here’s a look at some statistics from Hurricane Katrina.

August 29, 2005

Katrina makes landfall near Grand Isle, Louisiana as a Category 3 storm with winds near 127 mph.
– Severe flooding damage to cities along the Gulf Coast, from New Orleans to Biloxi, Mississippi.
– Numerous failures of levees around New Orleans led to catastrophic flooding in the city.
– About 25,000 storm evacuees were sheltered at the Louisiana Superdome, a sports arena. Wind and water damage to the roof created unsafe conditions, leading authorities to conduct emergency evacuations of the Superdome.
– The total damage from Katrina is estimated to be $125 billion (or $193.8 billion in 2023 dollars), according to the National Oceanic and Atmospheric Administration (NOAA).

Fatalities

NOAA report
– Direct deaths: 520
– Indirect deaths: 565
– Indeterminate cause: 307
– Total number of fatalities: 1,392

In an analysis of 971 fatalities in Louisiana and 15 additional deaths of storm evacuees, 40% of deaths were caused by drowning. 25% were caused by injury and trauma and 11% were caused by heart conditions.

Nearly half the fatalities in Louisiana were people over the age of 74.

Private Insurance Payments

Insurance Information Institute Report

Insurance companies have paid an estimated $41.1 billion on 1.7 million different claims for damage to vehicles, homes, and businesses in six states. Nearly 56% of the losses occurred in Louisiana and nearly 30% occurred in Mississippi.

By 2007, 99% of the 1.2 million personal property claims had been settled by insurers.

National Flood Insurance Payments

The National Flood Insurance Program paid out $16 billion in claims.

June 2006 – The Government Accountability Office releases a report that concludes at least $1 billion in disaster relief payments made by FEMA were improper and potentially fraudulent.

Impact on the Gulf Coast

More than one million people in the Gulf region were displaced by the storm. At their peak, hurricane relief shelters housed 273,000 people. Later, approximately 114,000 households were housed in FEMA trailers.

During the first ten years after the storm, FEMA provided more than $15 billion to the Gulf states for public works projects, including the repair and rebuilding of roads, schools and buildings. The agency also provided $6.7 billion in recovery aid to more than one million people and households.

The majority of all federal aid, approximately $75 billion of $120.5 billion, funded emergency relief operations.

Impact on New Orleans

The population of New Orleans fell from 484,674 in April 2000 to 230,172 in July 2006, a decrease of over 50%. By 2022, the estimated population had increased to 369,749, according to the Census.

70% of New Orleans’ occupied housing, 134,000 units, were damaged in the storm.

Hurricane Katrina: Then and now
This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
Explosion at plant near Moscow injures at least 60
next post
England’s ‘fairytale’ journey to Women’s World Cup final gets royal seal of approval

You may also like

Former quarterback Johnny Manziel talks drug abuse, suicide...

Reports: US women’s head coach Vlatko Andonovski has...

China’s internet explodes with pride at ending US...

At least 12 killed in blast at explosives...

Kayaker’s leg amputated in 20-hour ordeal trapped between...

Taiwan’s president set to visit Hawaii and Guam,...

Orionid meteor shower: Keep an eye out for...

How Afrilabs is powering Africa’s tech revolution through...

Cubans crawl on rough roads to ask for...

Prince Harry meets war victims in unannounced visit...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    • Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    • Investing in Uranium ETFs: 9 Options for Uranium Exposure

    • Trump says 80% tariff on China ‘seems right’ ahead of weekend talks with Beijing

    • Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    Categories

    • Business (1,633)
    • Investing (4,797)
    • Politics (7,544)
    • World (6,131)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top