Mealey's Insurance - Judge: Fact Issue Exists As To Whether Actual Cash Value Of Damage Was Underpaid

Mealey's Insurance - Judge: Fact Issue Exists As To Whether Actual Cash Value Of Damage Was Underpaid

NEW ORLEANS - Insureds have supplied testimony and evidence that establish that there is at least a fact issue regarding whether a federal flood insurer underpaid them for the actual cash value of the damaged part of their house in the wake of Hurricane Isaac, a Louisiana federal judge ruled May 5, denying the insurer's motion for summary judgment (Diane P. Stevens, et al. v. Allstate Insurance Co., No. 13-5102 SECTION "L" $(4$), E.D. La.; 2014 U.S. Dist. LEXIS 61957).

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