A decade after Hurricane Katrina caused $41 billion in property and casualty insurance losses, the most expensive catastrophe ever experienced by the global insurance industry, rising sea levels are driving up expected economic and insurance losses from hurricane-driven storm surge …
A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after 2005’s Hurricane Katrina. The Sun …
According to a National Oceanic and Atmospheric Administration bulletin highlighting changes in weather forecasting since Hurricane Katrina hit 10 years ago, the satellite data used by NOAA to forecast weather has improved quite a bit. The agency says three day …
Catastrophe modeling, advances in mitigation as well as building design changes are just a few of the areas impacted by Hurricane Katrina nearly 10 years ago, according to Rick Miller, U.S. property practice leader at Aon Risk Solutions. Miller spoke …
Ruling in a nearly decade-old lawsuit, a judge in Washington said Friday that the federal government is responsible for some of the catastrophic flooding that followed Hurricane Katrina and other storms – flooding blamed on a now-closed navigation channel. Judge …
State Farm Fire and Casualty Co. has appealed an order that it pay legal fees and damages of $3 million in a whistleblower lawsuit in which a jury found the insurer defrauded the government in a policyholder claim after Hurricane …
A former New Orleans, La., pastor who embezzled nearly $1 million in disaster relief aid in the wake of Hurricane Katrina has asked a federal judge to shorten his prison sentence by several years. The Rev. Toris Young, who has …
Louisiana’s Supreme Court has refused to reconsider its October dismissal of a lawsuit over the firing of thousands of New Orleans public school employees after Hurricane Katrina hit in 2005. The lawsuit could have resulted in damages being paid to …
The city of Waveland, Miss., has settled a long-standing lawsuit related to Hurricane Katrina repairs of the Garfield Ladner Pier. City Attorney Gary Yarborough said the city and Malouf Construction have settled the lawsuits each filed against the other. In …
The U.S. Department of Housing and Urban Development says New Orleans must return hundreds of millions of dollars paid in home elevation grants after Hurricane Katrina. NOLA.com The Times-Picayune reports that the department wants names of nearly 18,000 homeowners who …