Texas / South Central News
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Another Katrina Levee Failure Case Before La. Appeals Court
Texas / South Central News • September 14, 2007
A Louisiana state appeals court is weighing whether an insurance company must pay for damage from the failure of levees in New Orleans after Hurricane Katrina, a case that could affect thousands ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Contracts? | Anon | Sep 17, 2007, 8:04 am |
| RE: RE: WHAT??? | The Jury's no better | Sep 14, 2007, 5:55 pm |
| RE: WHAT??? | Claims Guy | Sep 14, 2007, 2:05 pm |
| It will be interesting... | sam | Sep 14, 2007, 1:58 pm |
| WHAT??? | ad | Sep 14, 2007, 1:41 pm |
| What It Is | Dread | Sep 14, 2007, 1:22 pm |
| Katrina Levee Failure Case | temblor | Sep 14, 2007, 1:01 pm |
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Subject: Katrina Levee Failure Case
It's unfortunate these people didn't buy flood insurance, but it's been known for years that flood wasn't covered under a standard property or homeowners policy. It's usually declared in bold face type on homeowner's policies. Court decisions back to the '60's have all upheld the flood exclusions.
If it weren't for greedy lawyers hopeing to somehow score a victory and make millions for themselves, this issue would be laid to rest.
According to FEMA, a large percentage of people who took out flood for the first time after Katrina, have not renewed their policies. It's their decision, and no one else is to blame if they get flooded.