Katrina Damage May Bring A Record $26 Billion In Insurance Claims

PALATINE, IL - AUGUST 30: State Farm Insurance signage is seen on a door of an auto claim center August 30, 2005 in Palatine, Illinois. Damage from Hurricane Katrina may destroy previous records regarding insurance claims, possibly reaching $26 billion, impacting insurers such as Allstate and State Farm. (Photo by Tim Boyle/Getty Images)