Insurance industry representatives uniformly expressed satisfaction that a federal judge has upheld the sanctity of the flood exclusion.
U.S. District Judge L.T. Senter ruled Tuesday in favor of Nationwide Mutual Insurance Company in a case brought by aggrieved Mississippi policyholders claiming that Hurricane Katrina damage to their home came from wind-driven rain and not flooding.
Ernie Csiszar, president of the Property Casualty Insurers Association of America, said the Senter ruling made it clear that the flood exclusion applies to storm surge.
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