Judge Upholds Louisiana Insurance Laws

Law360, New York (August 24, 2006, 12:00 AM EDT) -- Louisiana insurance policy holders will get more time to file claims relating to damage caused by Hurricanes Katrina and Rita, thanks to two new laws approved by a state judge on Wednesday.

Overruling the vehement protests of some of the state’s largest insurance companies, State District Court Judge Kay Bates ruled in favor of two laws that established a one-year extension of the claims period.

Hurricane Katrina victims will now have until Sept. 1, 2007 to file homeowners insurance claims, while the deadline for Hurricane Rita...
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.