Louisiana Panel Reverses Depreciation Value Award In Hurricane Isaac Coverage Suit

(October 22, 2018, 1:00 PM EDT) -- GRETNA, La. — A Louisiana appeals court on Oct. 17 held that a lower court erred in awarding insureds $10,088.12 in depreciation associated with their property loss claim arising from Hurricane Isaac, reversing and remanding (Catherine Percoraro, et al. v. Louisiana Citizens Insurance Corporation, No. No. 18-161, La. App., 5th Cir., 2018 La. App. LEXIS 2066)....

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