NU Online News Service,  Jan. 24, 9:42 a.m. EST

Louisiana's last-resort insurer is considering going to the U.S. Supreme Court after the state's highest court chose not to reconsider its decision to reinstate a $92.7 million award in favor of policyholders.

Louisiana Citizens Property Insurance Corp. is "disappointed" the Louisiana Supreme Court "did not address the many issues submitted, and completely ignored the due process argument in its entirety," says Richard Robertson, chief executive officer of Citizens, in an email.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • 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.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.