The most recent ruling from the Louisiana Supreme Court lifts a stay on a judgment of more than $100 million against Louisiana Citizens Property Insurance Corp. in favor of more than 18,500 policyholders.
Today Louisiana lawmakers are considering legislation that could make a battle between policyholders and Citizens Property Insurance Corp. over more than $100 million moot.
Today Louisiana lawmakers are considering legislation that could make a battle between policyholders and Citizens Property Insurance Corp. over more than $100 million moot.
Attorneys representing a group of homeowners that sued the Louisiana insurer of last resort have rejected a settlement offer, calling it fatally flawed.
Attorneys representing a group of homeowners that sued the Louisiana insurer of last resort have rejected a settlement offer, calling it fatally flawed.
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.