Panel Reverses Ruling Against Agent In Business Interruption Coverage Dispute

Panel Reverses Ruling Against Agent In Business Interruption Coverage Dispute

NEW ORLEANS - A Louisiana appeals panel on July 31 found that a lower court erred when it relied on an insured's subjective belief that it obtained flood-related business interruption/extra expense (BI/EE) insurance coverage, reversing and remanding the lower court's ruling denying an insurance agent's motion for summary judgment in a dispute arising from Hurricane Katrina (Mandina Inc., d/b/a Mandina's Restaurant, v. John O'Brien and Powell Insurance Agency, No. 2013-CA-0085, La. App., 4th Cir.; 2013 La. App. LEXIS 1560.)

Find full version on lexis Advance®
Access this news story on lexis.com®