Hurricane Insurance and Related Accounting Matters The Company maintains an aggregate of $400 million of property insurance, including business interruption coverage. This insurance is comprised of multiple layers of coverage underwritten by 11 separate carriers or syndicates, all of which are currently rated A- or better by a major rating agency. The insurance provides $400 million of coverage per occurrence for a “Weather Catastrophe Occurrence” and at least $100 million on an annual basis for
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lasting psychological, community and personal impacts could be worse, as people thinks about the disaster which has happen. People are becoming more and more hopeless and feeling helpless, people are feeling frantic and overwhelmed. This is worse than Hurricane Katrina. There is already more post-traumatic stress disorder (PTSD), and more problem with domestic violence, threats of suicide and alcohol and drugs. The Impact to the
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during this Category 5 Hurricane Katrina. Hurricane Katrina had been listed one of the most horrible storms in history. The environmental consequence was devastating. New Orleans was vulnerable to wind and water, and over time a great deal has been done to help save this city from harm. Hurricanes Katrina storm course breached floodwalls and levees New Orleans, causing a widespread of damage along with the hampering rescue and improvement. The flooding caused by Hurricane Katrina was predicted
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katrinaOn Monday August 29th, 2005 one of the most devastating natural disasters, Hurricane Katrina, hit near New Orleans, Louisiana and caused more than 9,000 confirmed casualties and $96 billion in damage. The lack of communication, cooperation, confusion, being able to share responsibilities and other factors made this chaotic event even more chaotic when the affected areas were trying to recover from the storm. A storm in which Louisiana just wasn't prepared for. The Federal Emergency Management
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Hurricane Katrina is one of the worst natural disasters in the history of the United States of America. It took thousands lives of citizens of New Orleans, left them without homes and families, and changed their lives forever. Many of those who survived the hurricane died waiting for help to come. Hurricane Katrina exposed the existence of ''two Americas''. It took government several days to get help to the victims of Katrina in New Orleans. After watching Spike Lee's documentary ''When The Levees
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Frontline Law & Disorder Frontline Law and Disorder August 29, 2005 the deadliest and most destructive Atlantic tropical cyclone of the 2005 hurricane season made land fall in southeast Louisiana. Hurricane Katrina destructive path stretched from the state of Florida all the way to the coast of Texas and everywhere in between. Unfortunately the bulk of Katrina’s destruction was seen in the city of New Orleans. Katrina’s category five strength and power left the city completely under water
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organization has no extent to the communication that they give to their volunteers or communities. For example 5 months after Katrina's landfall, the American Red Cross announced that it had met its fundraising goals, and would no longer engage in new 2005 Hurricane relief fundraising. The
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My final project proposal will be on Communication Crisis plan of Hurricane Katrina. I will discuss how there was failure of communication and what went wrong during this crisis. The crisis communication and management was not planned out correctly. From the outcome of the disaster, you can tell it wasn’t rehearsed to perfection. There were evacuation plans, but it didn’t cover all the publics in the state. For example, there were ill people that wasn’t able to evacuate. There were people with no
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6/3/14 Period 2 Hurricane Katrina My family and I were living in New Orleans at the time and it was less than 24 hours before the hurricane hit. You could hardly tell though, the weather was beautiful outside. The sun was out and there wasn’t a single cloud in sight. So my friend and I went to Seven Eleven to grab some junk food we could take to the shelter with us before the storm hit. As I walked into the store, I couldn’t help but notice a suspicious
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WBIS 188 008C October 31, 2011 Title “Moments later, another passing soldier looked at Zeitoun and muttered ‘Taliban.’” Zeitoun (213.) The soldier that called Zeitoun this name knew nothing about him other then the fact that he was Muslim. The soldier simply accused him of something that he is not. It seems as though this is a constant battle for the Zeitoun Family. Zeitoun and his wife Kathy are often criticized and treated poorly because of the religion that they belong too. We
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