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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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Tesco Law and the insurer legal services revolution that never was

Content Director's View: More than a decade ago many insurers could not wait to seize the opportunities afforded by a change in the law that allowed them to set up their own legal services arms. Jonathan Swift reflects on what happened next - and the prospect of a one-stop-shop claims provider in the future.

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