‘Windstorm’ Deductible Controls Hurricane Harvey Flood Damage, 5th Circuit Affirms

(May 27, 2020, 12:57 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on May 26 affirmed a lower federal court’s ruling that an insurance policy’s “Windstorm” deductible covers the insured’s Hurricane Harvey flood damage to two of its buildings and, therefore, the insureds are entitled to zero recovery for their loss (Pan Am Equities, Incorporated v. Lexington Insurance Company, No. 19-20363, 5th Cir.)....

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