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Insured loss estimates hit $2bn as Hurricane Isaac hits Louisiana a second time

Catastrophe experts have suggested that insured losses from Hurricane Isaac could total $2bn after the tropical storm made a second landfall in the US state of Louisiana.

After sweeping through Plaquemines Parish of Louisiana on Tuesday, Isaac touched down in Port Fourchon the next day as a large Category 1 hurricane.

The storm toppled the Plaquemines Parish levees

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