Allstate said today it will appeal the $2.8 million award that a federal jury in New Orleans said it should pay to a policyholder whose home was destroyed by Hurricane Katrina.
Reacting to the U.S. District Court verdict yesterday, which included $1.5 million in punitive damages, company spokesman Mike Siemienas said the insurer "is shocked with the jury's verdict in favor of the plaintiff."
The case that was decided was brought by Robert and Merryl Weiss, whose home on the north side of Lake Pontchartrain in Slidell, La., was demolished by the 2005 hurricane.
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