Isaac storm surge could put $36 billion worth of homes at risk

 Monday, August 27, 2012


The latest track of Tropical Storm Isaac puts more than $36 billion in Gulf Coast residential property at risk of flooding from storm surges, with southeastern Louisiana at greatest peril of huge losses, residential data analysis company CoreLogic said on Sunday. Isaac bore down on the Florida Keys Sunday afternoon, with the latest National Hurricane Center forecasts suggesting a Mississippi landfall Wednesday morning as a Category 2 hurricane. Some of the computer models used by meteorologists put Isaac on a more westerly track, though, bringing it directly into or just west of New Orleans.