FEATURES Mounting Costs
Cost predictions for federal disaster relief and insurance claims related to Hurricane Katrina outstrip those of other major natural disasters in the United States.
| Event | Federal Disaster Relief | Insured Claims | Total Damage |
|---|---|---|---|
| 1989 Hurricane Hugo | $1.3 billion | $4.2 billion | $9.0 billion |
| 1992 Hurricane Andrew | $12.5 billion | $15.5 billion | $27.0 billion |
| 1993 Mississippi Flooding | $4.4 billion | $0.3 billion | $21.0 billion |
| 1994 Los Angeles Earthquake | $8.4 billion | $12.5 billion | $20+ billion |
| 2004 Hurricanes Charley, Francis, Ivan and Jeanne | $13.5 billion | $24.5 billion | $41.5 billion |
| 2005 Hurricane Katrina (Estimate) | $62.3 billion | $15 billion to $60 billion | $100 billion to $200 billion |
Source: Committee for a Responsible Federal Budget and MSNBC.com
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