Hurricane Katrina Water Damage Claims Still May Be Paid
Victims of Hurricane Katrina may be a step closer to receiving justice in forcing reluctant insurance companies to pay adequate money for their claims.
A federal judge in New Orleans ruled that vague homeowners policies do not shield the insurance industry from its obligations to pay fair and just claims. Citing ambiguous language in many of the policies, Judge Stanwood R. Duval Jr. said that flooding due to "man-made" acts could be covered.
Victims of the 2005 hurricane season have taken matters into their own hands by turning to the civil justice system to hold insurance companies accountable. Such business practices as “bad faith” cannot be prosecuted criminally, so it is up to the civil justice system to bring them to light, and force wrongdoers to adequately compensate victims for their crippling financial burdens and suffering.
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