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Article: Katrina appeals week: expect a big verdict out of the 5th Circuit Court of Appeals.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
- Article from:
- Risk & Insurance
- Article date:
- June 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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On Monday, April 16, the jury for Weiss v. Allstate in the U.S. District Court in New Orleans slapped the carrier with a $2.8 million verdict--big news. But even bigger jurisprudence could result from "Katrina appeals week"--the week of June 4--in the 5th U.S. Circuit Court of Appeals, according to John Ellison, Philadelphia office managing partner for Anderson Kill & Olick.
Two big issues in appeal are: Louisiana federal district court Judge Stanwood R. Duval Jr.'s ruling from last November that flood exclusions in many insurance policies fail to name manmade events; and Mississippi federal district court Judge L.T. Senter Jr.'s ruling that the anti-concurrent ...