Excess Insurers Can Proceed In Ritz Katrina Coverage Row

Law360, Chicago (March 12, 2013, 3:09 PM EDT) -- A Louisiana federal judge on Monday refused to grant Ace American Insurance Co. summary judgment in a coverage dispute over $3.2 million in damage a Ritz-Carlton Hotel allegedly suffered in Hurricane Katrina, saying the hotel owner's excess insurers could pursue the case as plaintiffs.

U.S. District Judge Jay C. Zainey rejected Ace's argument that Swiss Re International SE and other excess insurers had not acquired the right to bring a legal claim against it over damage at the New Orleans hotel. The excess insurers have alleged...
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