X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Within two weeks after Hurricane Katrina, Louisiana Insurance Commissioner Jay Robert Wooley was quoted as saying that with post-hurricane insurance claims, “Lawyers are going to have a ball; it’s got more legal questions than you can imagine.”

A few days later on Sept. 15, 2005, Mississippi Attorney General Jim Hood filed a lawsuit against five of the largest homeowners’ insurers in Mississippi, asking the court to declare as “void and unenforceable” and in violation “of the public policy of the State of Mississippi” common insurance policy exclusions that typically apply to damage caused by water or flood. The same day, a class-action petition was filed in Louisiana state court against 15 separate insurance companies that argued the cause of damage to thousands of homes in New Orleans was the negligent construction of the levees, therefore negating the flood exclusion. Other less-publicized lawsuits followed in each of the states hit by Hurricane Katrina.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.