Insurer Escapes Coverage In $3.2M Katrina Hotel Damage Suit

Law360, New York (May 24, 2013, 2:06 PM EDT) -- A Louisiana federal judge on Thursday let Ace American Insurance Co. off the hook for $3.2 million in property damage the Ritz-Carlton New Orleans hotel sustained during Hurricane Katrina, ruling that the hotel's owner couldn't show that it was covered under its contractor's construction policy.

WH Holdings LLC had argued that Ace must provide primary coverage because Gootee Construction Inc. was legally obligated to purchase a builder's risk policy for the hotel owner when it performed external renovation on the Ritz before the storm, but U.S....
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