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The Associated Press is reporting that a suit filed last year by several former insurance adjusters has been unsealed after U.S. Attorney David Dugas announced that he would not intervene in the process.

The whistleblower suit accuses several major insurers of over – billing the National Flood Insurance Program for flood damage that occurred as a result of Hurricane Katrina. Since flood losses are not covered under most homeowners’ policies, any losses that could be attributed to flood would limit the amount of money insurers would have to pay.

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