Panel Upholds $115,279 Judgment Against Flood Insurer In Hurricane Isaac Dispute
(August 2, 2016, 11:24 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Aug. 1 upheld a federal district court's $115,279.33 judgment in favor of a mortgage lender and against a force-placed flood insurer in a dispute arising from Hurricane Isaac damage (Alfred Cotton, et al. v. Certain Underwriters at Lloyd's of London, No. 15-31005, 5th Cir.; 2016 U.S. App. LEXIS 13962).
(Opinion available. Document #51-160811-013Z.)
Alfred and Rubbie Cotton failed to maintain flood insurance on their properties as required by their mortgage lender First American Bank and...