Claims Journal » Katrina Claims

Mississippi Court Denies Bid for Katrina Claims Data

Mon, 08 Nov 2010 00:00:00 +0000

The Mississippi Supreme Court has upheld the dismissal of a lawsuit filed by a Long Beach man who wanted the state to release records that would show the dollar amount of Hurricane Katrina claims denied by insurance companies. In 2009, …

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United Fire & Casualty P/C Unit Sees Decline in Premiums, Claims

Mon, 26 Jul 2010 00:00:00 +0000

United Fire & Casualty Co., headquartered in Cedar Rapids, Iowa, reported that net premiums written in its property/casualty sector declined in the three-month and six-month periods ended June 30, 2010, as compared with the same periods of the prior year. …

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Bill to Ban Chinese Drywall Cancellations Approved in Louisiana

Wed, 16 Jun 2010 00:00:00 +0000

A ban on insurance companies dropping coverage of homeowners who have found corrosive Chinese drywall in their homes is headed to Gov. Bobby Jindal after getting final legislative passage. The bill by Rep. Julie Quinn, R-Metairie, would prohibit insurers from …

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Appeals Court Tosses $35M Louisiana Citizens Settlement

Thu, 22 Apr 2010 00:00:00 +0000

The 4th Circuit Court of Appeals tossed out the $35 million settlement of two class action lawsuits against Louisiana Citizens Property Insurance Corp., saying the deal was not fair to some policyholders. The appellate court ruling could prove costly to …

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Prime Insurance Syndicate, Inc. Jury Verdict Rules in Favor of Insurer in Hurricane Katrina Claim

Tue, 26 Jan 2010 00:00:00 +0000

Reassured by jury’s unbiased decision Chicago, Illinois and Salt Lake City, Utah (January 27, 2010). Prime Insurance Syndicate, Inc. was successfully defended in a Hurricane Katrina lawsuit in the United States District Court for the Southern District of Mississippi. This …

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Louisiana Homeowners With Drywall Problems Asked to Report Them

Tue, 08 Dec 2009 00:00:00 +0000

The Louisiana Recovery Authority is urging homeowners who suspect they might have contaminated Chinese drywall in their homes to report the problems to the state. A federal consumer product safety commission is asking each state to recount the incidents of …

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$5M Chinese Drywall Program Approved by Louisiana Recovery Authority

Thu, 12 Nov 2009 00:00:00 +0000

The Louisiana Recovery Authority has given its final approval to creation of a $5 million program to help some homeowners rehabilitate property with Chinese drywall problems. The program will require legislative and federal approvals before it can begin. The aid …

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$5M Louisiana Program to Help Homeowners with Chinese Drywall

Wed, 23 Sep 2009 00:00:00 +0000

Plans are moving ahead in Louisiana to create a $5 million program to help homeowners rehabilitate and repair property with Chinese drywall problems. State lawmakers required the Louisiana Recovery Authority to devise the program, and the recovery authority’s board gave …

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Louisiana Insurance Chief Seeks Lawsuit Protection for Citizens

Tue, 01 Sep 2009 00:00:00 +0000

Louisiana Insurance Commissioner Jim Donelon says that he’ll support legislation to give the state’s “insurer of last resort” immunity against certain lawsuits, a proposal that could retroactively negate the firm’s payout if it loses its appeal of a $95 million …

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Mississippi AG Hood Fights to Keep State Farm Deal Secret

Sun, 17 May 2009 00:00:00 +0000

Mississippi Attorney General Jim Hood has asked a court to block renewed efforts to make public a settlement agreement between his office and insurer State Farm Fire & Casualty Co. that was part of their feud over homeowner claims from …

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Mississippi AG Hood, Nationwide to Join Katrina Claims Dispute

Sun, 03 May 2009 00:00:00 +0000

Mississippi Supreme Court will allow Attorney General Jim Hood and attorneys for Nationwide Mutual Insurance Co. to participate in a June 9 hearing involving an insurance coverage dispute over Hurricane Katrina claims. The lawsuit was filed in Harrison County by …

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Mississippi Katrina Report: No Insurer Fraud Pattern

Sun, 02 Nov 2008 00:00:00 +0000

State Farm Fire & Casualty Cos. made questionable decisions in handling Hurricane Katrina claims, but a nearly two-year study found no pattern of fraud in Mississippi, according to a state agency report released Oct. 30. The 42-page report by the …

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Update: Mississippi Couple in Settlement with State Farm over Katrina

Mon, 15 Sep 2008 00:00:00 +0000

State Farm Fire & Casualty Co. paid $250,000 to settle a lawsuit brought by a Biloxi, Miss. couple over damage to their home from Hurricane Katrina in 2005. Terms of the settlement were not disclosed Sept. 15 in U.S. District …

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Court Clashes over Katrina Damage Wind Down in Mississippi

Mon, 01 Sep 2008 00:00:00 +0000

It took three years for Mississippi resident, Scott Gordon, to resolve the dispute that Hurricane Katrina spawned with his insurance company. Anything resembling a full recovery from the storm will take much longer. “There are some scars that will probably …

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Nationwide Insurance Pushes to Include Flood Coverage in Home Policies

Thu, 26 Jun 2008 00:00:00 +0000

One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid costly litigation after disasters …

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