A recent Louisiana decision poking a leak into the insurance industry's standard flood exclusion will not stand up on appeal, according to one attorney, citing recent opinions to back up his position.
While jurists might empathize with policyholders who lost their homes from floods triggered by the 2005 hurricane season, the weight of the law is against them, said Randy J. Maniloff, an attorney and partner in the law firm of White and Williams LLP in Philadelphia.
Referring to a recent decision by Louisiana State Judge Edward D. Rubin with the 15th Judicial Court in Lafayette, La., Mr. Maniloff called it “a classic example of the court trying to find cover for this horrific situation.”
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