Allstate Loses Katrina Trial

Larry Buckfire

Contributor

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It was good to see that a federal jury in New Orleans rendered a $2,800,000.00 verdict against Allstate Insurance Co. for failing to pay an insurance claim. The insurance company had refused to pay for the damage caused to the plaintiff's home by Hurricane Katrina. Allstate Insurance had amazingly argued that the damage was not caused by the hurricane. The verdict included the amount of $1,500,000 because Allstate took too long to pay the claim. In our practice, we routinely battle against insurance companies who refuse to pay claims or intentionally delay paying insurance claims.