Orleans Parish (La.) district gets another $17 million in hurricane-related insurance proceeds

Oct. 15, 2012
Settlement stems from damage sustained in 2005 from Hurricane Katrina and subsequent flooding

From The New Orleans Times-Picayune: Lawyers for the Orleans Parish (La.) School Board have managed to get another $17 million worth of insurance proceeds from the damage done by Hurricane Katrina and its aftermath. District officials say the money is slated to go toward the more than $2 billion worth of school construction and renovation already underway. The new lump sum comes from a legal settlement with Westchester Surplus Lines Insurance, one of four insurance companies on a $200 million policy that covered damage to the school system's infrastructure. The district had already received about $72.5 million from the policy, and now has only one more insurance company to settle with, Interim Superintendent Stan Smith says.

Sponsored Recommendations

How to design flexible learning spaces that teachers love and use

Unlock the potential of flexible learning spaces with expert guidance from school districts and educational furniture providers. Discover how to seamlessly integrate adaptive ...

Blurring the Lines in Education Design: K–12 to Higher Ed to Corporate America

Discover the seamless integration of educational and corporate design principles, shaping tomorrow's leaders from kindergarten to boardroom. Explore innovative classroom layouts...

Room to Learn: Furniture Solutions for Education

Preparing students for the future. Utilizing our experience in the education market, we offer a dynamic selection of products that pair technology with furniture to help stimulate...

Transforming Education: A Case Study in Progressive Classroom Design

Discover how Workspace Interiors and the Baldwin School District reshaped learning environments in Long Island, New York, creating pedagogically responsive spaces that foster ...