Subscribe Subscribe   Find us on Twitter Follow POL on Twitter  



Here come the insurance lawsuits

Most insurance policies sold cover wind damage but not flood damage, and it was the latter that devastated Louisiana. Even so, of Hurricane Katrina's estimated $100 billion+ in economic losses, "insurers are already expected to pay $20 billion to $35 billion, more than [they have] paid for any other natural disaster in the country's history. But property owners are likely to push for a more expansive definition of insurers' liability." (NYTimes).



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.