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Latest Business News

Judge Rules Policy Excluded Flood Damage

Tuesday, August 15, 2006 4:58:57 PM
By MICHAEL KUNZELMAN

 This file photo released by the National Geographic Photo Camp shows damage done to the lower 9th Ward in New Orleans from Hurricane Katrina in early April 2006. (AP Photo/National Geographic Photo Camp, Hannah DeFelice)  GULFPORT, Miss. (AP) - A federal judge ruled Tuesday that an insurance company's policies do not cover damage from flood waters or storm surge in a decision that could affect hundreds of upcoming cases related to property damage from Hurricane Katrina.

U.S. District Judge L.T. Senter Jr. ruled that a Mississippi Gulf Coast couple cannot collect damages from storm surge caused by Katrina because Nationwide Mutual Insurance Co.'s policies do not cover wind-driven water damage.

Senter said Paul and Julie Leonard of Pascagoula could be compensated for damage that they could prove was caused by high winds, however.


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