U.S. Supreme Court Refuses To Hear Insurer's Appeal Of Reinstated $92.9M Judgment

WASHINGTON, D.C. - The U.S. Supreme Court on June 25 denied an insurer's petition for a writ of certiorari challenging the Louisiana Supreme Court's finding that every member of a class of more than 18,000 insureds was entitled to recover the maximum $5,000 civil penalty based on the insurer's purported failure to comply with its statutory duty to timely initiate loss adjustment of the class members' Hurricanes Katrina and Rita claims (Louisiana Citizens Property Insurance Corp. v. Geraldine Oubre, et al., No. 11-1252, U.S. Sup.).

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