Search
 

Insurers Win In Value Policy Case

U.S. District Court Judge Richard T. Haik Sr., in Lafayette, La., on Thursday issued a partial summary judgment in favor of State Farm Fire & Casualty Company in a case involving a demand for payment

By Steven Tuckey | Updated on May 22, 2006

Insurers have won a major round in a federal case involving Louisiana homeowners seeking full value replacements under windstorm coverage for houses that were destroyed by flood as well as wind.

U.S. District Court Judge Richard T. Haik Sr., in Lafayette, La., on Thursday issued a partial summary judgment in favor of State Farm Fire & Casualty Company in a case involving a demand for payment of the full face value of homeowners’ policies pursuant to Louisiana’s valued policy law.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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.

Already have an account?

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.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.