Travelers To Pay $2M For Katrina-Related Loss

Law360, New York (September 11, 2009, 3:56 PM EDT) -- In a suit over Hurricane Katrina-related property damage, a federal judge has entered judgment against Travelers Property Casualty Co. of America for $2.07 million, or around one-quarter of the losses the New Orleans entertainment supply company that brought the suit claimed to have suffered.

Judge Sarah S. Vance of the U.S. District Court for the Eastern District of Louisiana signed off on the judgment Friday, a day after rejecting the plaintiffs’ request to interview three jurors who said they did not agree with the verdict....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.