We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Katrina Policyholders Dealt Another Blow

Law360 (August 7, 2007, 12:00 AM EDT) -- An appellate court has handed insurers, including State Farm Fire & Casualty Co. and Allstate Indemnity Co., another victory in their ongoing battle with Hurricane Katrina policyholders over who should pay to repair damages caused by the storm.

On Monday, the U.S. Court of Appeals for the Fifth Circuit upheld a district court's ruling dismissing the homeowners' claims, compelled by the insurers' argument that they were not liable for the hurricane-driven flood damage under Louisiana law.

“The district court correctly concluded that Louisiana's Valued Policy Law...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.