Mealey's Insurance - Proof Of Loss Is Valid, Federal Judge Rules In Hurricane Isaac Coverage Suit

Mealey's Insurance - Proof Of Loss Is Valid, Federal Judge Rules In Hurricane Isaac Coverage Suit

NEW ORLEANS - The simple fact that insureds submitted a proof of loss that referenced their policy limits but did not provide a specific amount does not render the proof of loss invalid under a standard flood insurance policy (SFIP), a Louisiana federal judge ruled May 22, noting that the proof of loss was further supplemented by a detailed, specific estimate (Ronnie Smith, et al. v. American Bankers Insurance Company of Florida, No. 13-5684 SECTION "L" $(4$), E.D. La.; 2014 U.S. Dist. LEXIS 70371).

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