Chief Judge: Louisiana Insureds’ Alleged Property Damage Is Derivative Of Flooding

Mealey's (April 8, 2019, 1:10 PM EDT) -- NEW ORLEANS — Granting homeowners insurers’ motion to dismiss, a Louisiana federal chief judge on April 3 found that an insured’s property damage, including damage caused by moisture and evaporation, is derivative of the flooding on his property and, as a result, is barred from coverage (Matthew Spector v.  USAA Casualty Insurance Company, et al., No. 18-8806, E.D. La., 2019 U.S. Dist. LEXIS 57946)....