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
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
