willbeurdaddy -> RE: East Coast Tea Partiers & Hurricane Irene (8/29/2011 4:02:43 PM)
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ORIGINAL: tazzygirl Here is mine.... On November 27, 2006, Judge Stanwood R. Duval Jr. issued his long awaited decision as to insurance coverage for water damage and flooding following the levee breaches during Hurricane Katrina.[1] The insurers argued that there was no coverage for the damage because the policies excluded coverage for water damage, including flood. The insurers contended the inundation of water in the City of New Orleans caused by the failure of the levees excluded water damage. The insureds, on the other hand, maintained that the term “flood” was ambiguous and, therefore, coverage should be provided. The insureds further argued that because the third-party negligence of the Orleans Levee District was the efficient, proximate cause of the subsequent flooding of plaintiffs’ homes, their policies should provide coverage. In an eighty-four page decision, Judge Duval found it depends on the specific policy language as to whether unnatural flood is excluded Several different policies of insurance were involved in this case. The court examined each policy separately and found that coverage was afforded under some, but not all, depending on the language of the flood exclusion. In summary, the court found that the policies issued by insurers that contained the ISO water damage exclusion provided coverage for the losses sustained by the insureds, but that the policies issued by State Farm and the Hartford did not. http://www.rkmc.com/Louisiana-Judge-Rules-on-Katrina-Insurance-Coverage-Cases.htm youve got it backwards..thank you for posting MY proof. The insurance companies in question didnt succed in not paying claims that were valid.
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