Mississippi Attorney General Jim Hood filed suit today to forceinsurance carriers to pay homeowners' claims from Hurricane Katrinathat involve flood or water damages.
"Although some insurance companies are trying to do the rightthing, I won't allow others to take advantage of people hurt byHurricane Katrina," Mr. Hood said at a press conference in Biloxiannouncing the suit.
Nationwide Insurance in Columbus, Ohio, one of the defendants inthe action, responded with a statement that any allegations ofmisconduct were "unfounded" and that policy exclusions of floodclaims are well established.
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