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Yesterday’s decision by a New Orleans Appeals Court favoring insurers’ interpretation of flood exclusions in Hurricane Katrina cases should send a message to homeowners about the need to buy flood insurance, a trade group said today.

Joining other groups and individual insurers in applauding yesterday’s ruling by the 5th U.S. Circuit Court of Appeals panel, Justin Roth, senior federal affairs director of the National Association of Mutual Insurance Companies, made the case for flood insurance purchases.

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