Flood Exclusion Applies to Rita's Storm Surge

 

In Arctic Slope Regional Corp. v. Affiliated FM Ins. Co. 2009 WL 860037 C.A.5 ( La. ) the companies whose office and construction yard had been flooded by storm surge from Hurricane Rita brought a diversity action against their insurer after the insurer denied coverage under the companies' “all risks” insurance policy. The insurer filed a motion for summary judgment which the U.S. District Court for the Western District of Louisiana granted and dismissed the companies' claims with prejudice. The companies appealed.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis