NCPA - National Center for Policy Analysis

SKY'S THE LIMIT FOR CLAIMS OF KATRINA DAMAGES

January 10, 2008

Hurricane Katrina's victims have put a price tag on their suffering, and it is staggering -- including one plaintiff seeking the unlikely sum of $3 quadrillion, says the Washington Times.

Consider:

  • A whopping $3,014,170,389,176,410 is the dollar figure so far sought from some of the largest claims filed against the federal government over damage from the failure of levees and flood walls after the Aug. 29, 2005, hurricane.
  • Of roughly 489,000 total claims, the U.S. Army Corps of Engineers said it has received 247 for at least $1 billion apiece, including the one for $3 quadrillion.

The Corps released ZIP codes but no names, for the 247 claims of at least $1 billion:

  • The list includes a $77 billion claim by the city of New Orleans.
  • Some 14 involve a wrongful-death claim and 15 were filed by businesses, including several insurance companies.

Most of the claims were filed before a deadline that coincided with Katrina's second anniversary, but the Corps is still receiving them -- about 100 claims have arrived during the past three weeks -- and feeding them into a computer database.

The Corps said it isn't passing judgment on the merits of each claim.  Federal courts are in charge of deciding whether a claim is valid and how much compensation is warranted.

Source: Michael Kunzelman, "Sky's the limit for claims of Katrina damages," Washington Times, January 10, 2008.

 

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