Hurricane Isaac 2012 Damage: 2 Deaths Reported, Losses Could Total $1.5 Billion


As Hurricane Isaac slows and weakens, the damage left in its wake is beginning to come to light.

At least two deaths have been reported in Louisiana and Mississippi as a result of the storm.

WLOX in Southern Mississippi reported that a Mississippi tow truck driver died Thursday when a tree fell onto his truck, and a second man died in Louisiana's Vermillion Parish, according to WWL New Orleans.

The Louisiana man, Carlos Medellin-Guillen, died after he went to help two friends move a truck from beneath a tree. He climbed the tree and then fell 18 feet to his death.

Damages from the hurricane, which has since weakened to become a tropical storm, could total as much as $1.5 billion, according to disaster modeling firm Eqecat.

The firm estimates that onshore insured damage - which includes residential and commercial property as well as energy production and lost business - will cost between $500 million and $1.5 billion.

Another $500 million in damages could be seen offshore.

Though many comparisons were drawn between Isaac and 2005's Hurricane Katrina - largely because Isaac made landfall on the seventh anniversary of Katrina - the storms were actually quite different.

Category 1 Isaac's winds topped out at 80 mph, a far cry from the 125 mph winds of Katrina, which claimed 1,800 lives and $45 billion in damages.

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