Hurricane Betsy makes its second landfall near New Orleans, leaving 76 dead and $1.42 billion ($10–12 billion in 2005 dollars) in damages, becoming the first hurricane to cause over $1 billion in unadjusted damage.

Hurricane Betsy was an intense, deadly and destructive tropical cyclone that brought widespread damage to areas of Florida, the Bahamas, and the central United States Gulf Coast in September 1965. The storm's erratic nature, coupled with its intensity and minimal preparation time contributed to…