Posts tagged Insurance Disputes

  • Court to Hear Katrina Insurance Appeal

    Mike Simon | July 10, 2007 8:32 AM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    The 5th U.S. Circuit Court of Appeals will hear arguments on whether Nationwide Mutual Insurance Co. should be forced to cover storm surge damage to the home of Paul and Julie Leonard resulting from Hurricane Katrina. Oral arguments will be heard on August 6th. U.S. District Judge L.T. Senter Jr. ruled in 2006 that the Leonards could not collect damages from a Katrina storm surge because...

  • Allstate Hit with $2.8 Million Verdict

    Mike Simon | May 11, 2007 3:49 PM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    On April 16, a federal jury in New Orleans awarded a verdict of $2.8 million in an insurance dispute to a man who lost his home in Hurricane Katrina. The jury found that Allstate did not pay enough money to cover wind damage caused to the home by the hurricane. In what has become a standard position of insurers confronted with Katrina claims, Allstate claimed that most of the damage was caused...

  • Allstate Ordered to Reduce Rates

    Mike Simon | April 06, 2007 10:48 AM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    The Texas Department of Insurance has ordered Allstate to reduce its homeowners insurance rates to Texas homeowners by 5 percent. The order has been affirmed by the Travis County District Court.The litigation began after an analysis by the Department of Insurance revealed that the rates were excessive. Under the order, Allstate will be required to refund its customers an estimated $56...

  • State Farm Looks Again At Katrina Cases

    Mike Simon | March 29, 2007 12:31 PM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    As part of a deal with the Mississippi Insurance Commissioner, State Farm has agreed to reexamine 35,000 claims arising out of Hurricane Katrina. The agreement includes claims that are in mediation, those that already in lawsuits, and those that already have been settled.Under the terms of the deal, State Farm will make a minimum of $50 million available to settle the claims.Not all viewed the...

  • Katrina Trial Begins

    Mike Simon | February 19, 2007 11:34 AM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    The first trial of over 4,000 federal lawsuits filed in Louisiana against insurers arising out of Hurricane Katrina began on February 12. The lawsuit against Allstate Indemnity Company alleges "bad faith" against the insurer. The plaintiffs allege that Allstate failed to promptly or properly adjust their insurance claim, and underpaid them for wind damage sustained in the storm.Last month a...

  • Should One Hire An Attorney for Insurance Disputes?

    Staff Writer | August 24, 2006 11:24 AM | 0 CommentsWest Virginia, WV Category: Miscellaneous

    The answer to that question is a resounding yes, and Jack Landskroner in Cleveland points out why: parties who hire representation receive three-times more than those without representation in insurance disputes. Jack reminds us to:Keep in mind that all insurance companies have scores of attorneys at their fingertips, despite the fact that they would prefer you do not retain counsel. Also...

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