hurricane ida News

Settlement Offered to Nursing Home Residents Kept in Warehouse During Ida

NEW ORLEANS (AP) — Some of the elderly residents of seven Louisiana nursing homes who were sent in 2021 to ride out Hurricane Ida in a crowded, ill-equipped warehouse are being offered shares of a nearly $9 million settlement after …

Louisiana Nursing Home Owner to Pay $8.2M for Misusing Assets During Ida

Louisiana nursing home owner Bob Dean Jr. and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing homes in Louisiana before and …

Louisiana Businessman to Pay $1.3M Fine for Neglecting Elderly Residents During Ida

A Louisiana businessman who sent more than 800 elderly residents from his seven nursing homes to ride out Hurricane Ida in a crowded, ill-equipped warehouse pleaded no contest to 15 criminal counts Monday and was sentenced to three years of …

Federal Reserve Assesses Vulnerability, Viability of New York City’s Basement Housing

Approximately 10% of low-income and immigrant New Yorkers live in areas with basement apartments that are at high risk of flooding, according to a report released by the Federal Reserve Bank of New York. The report,”Flood Risk and Basement Housing …

Louisiana Courts Still Tidying Up After Storm of McClenny Moseley Lawsuits

In December 2022, before much was known about how McClenny Moseley & Associates in Houston was able to set up shop in New Orleans and sign-up thousands of Louisiana clients in less than a year, US District Court Judge James …

Lighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims

A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as the insurer solicited millions in fresh capital. And part …

Homeowners Affected by Hurricanes Urged to Complete Restore Louisiana Survey by August 1

Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore Louisiana Homeowner Assistance Program survey. Homeowners …

Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits

A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas state court in …

Houston Law Firm Paid Almost $14M for ‘Prescreened’ Client Leads

The McClenny Moseley law firm agreed to pay $3,000 to $3,500 in advance for each prospective client referred to it by a marketing firm, at a total cost of nearly $14 million, according to documents submitted this week to a …

Q&A: Louisiana Commissioner Jim Donelon on Special Session to Address Insurance Crisis

In the aftermath of Hurricane Katrina, Louisiana lawmakers created a $29 million incentive fund to lure property insurance companies to write business in the state. The Insure Louisiana Incentive Program provided grants to five insurers, who were required to match …