Flood Victims Sue Insurers Over Irene, Sandy Coverage

Law360, New York (December 13, 2012, 6:09 PM EST) -- State Farm Fire & Casualty Co., Liberty Mutual Fire Insurance Co. and other insurers were hit with a proposed class action Thursday accusing them of improperly denying insurance claims filed by flood victims after hurricanes Irene and Sandy.

Plaintiff Patrick Donnelly's allegations relate to the handling of flood claims by various insurance companies that participated in the Federal Emergency Management Agency's “Write Your Own” insurance program and that consequently issued the federal Standard Flood Insurance Policy to New Jersey property owners.

The “Write Your Own” program...
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.