Insurer In Katrina Spat Off Hook For Distress Claims

Law360, New York (May 11, 2009, 12:00 AM EDT) -- A federal judge has ruled that Axis Surplus Insurance Co. cannot be held liable for the emotional distress of a New Orleans condominium board claiming its complex sustained over $5 million in damages as a result of Hurricane Katrina.

Judge Eldon E. Fallon mostly denied the insurer's motion for partial summary judgment in the U.S. District Court for the Eastern District of Louisiana on Thursday, but he eliminated the possibility that residents and board members of One River Place Condominium Association could recover for emotional distress....
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