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Thursday, August 17, 2006

Judge Rules Katrina Flood victims Are Excluded From Flood Damage Insurance Claims

Judge Rules Katrina Flood victims Are Excluded From Flood Damage Insurance Claims

I sometimes wonder if no insurance is good insurance.
These poor people have lost everything and thanks to a technicality and scumbag actions by Nationwide Mutual Insurance Co. these people lose everything.

A federal judge ruled Tuesday that an insurance company's policies do not cover damage from flood waters or storm surge in a decision that could affect hundreds of upcoming cases related to property damage from Hurricane Katrina.

U.S. District Judge L.T. Senter Jr. ruled that a Mississippi Gulf Coast couple cannot collect damages from storm surge caused by Katrina because Nationwide Mutual Insurance Co.'s policies do not cover wind-driven water damage.

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