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Sunday, September 28, 2008

Lousiana Storm Losses at $46B

Hurricans Gustav and Ike were far less damaging to Louisiana campuses that Katrina; to the tune of something like only 1/4 of the dollar loss. This article has a list of preliminary damages to specific buildings and sites from a number of affected campuses:
Rich Griswold, association commissioner for facilities for the Board of Regents, said Wednesday that initial inspections show about $46 million damage but insurance estimators have not completed assessments.

"It's significant," Griswold told the Facilities and Property Committee, "but our damages are nowhere near what they were in Katrina, when there was more than $350 million in damage."

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