Filed Under:Claims, Litigation

Judge Stops Attorneys From Seizing Louisiana Last-Resort Insurer Funds

(AP)  NEW ORLEANS — A judge Monday stopped attorneys trying to seize bank accounts of Louisiana's property insurer of last resort to collect more than $100 million they won for homeowners who claimed the company dragged its heels in adjusting hurricane claims in 2005.

The money includes a $92.8 million judgment for more than 18,500 Louisiana Citizens Property Insurance Corp. policyholders — plus $11 million in judicial interest. Each plaintiff stands to receive $5,000.

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