Insureds File Class Action Seeking $2.6B From Insurers For Hurricane Maria Damage

Mealey's (August 24, 2018, 2:14 PM EDT) -- SAN JUAN, Puerto Rico — In a class action lawsuit filed in a Puerto Rico court on Aug. 22, a group of insureds sued 14 insurers for $2,658,780,973, alleging that they incurred damages related to the uncertainty of waiting while the insurers failed to complete the research process, adjustment, resolution and payment of their Hurricane Maria claims within the term provided by law (EMJ Properties, et al. v. MAPFRE Pan American Insurance Co., et al., No. SJ2018CV06504, Puerto Rico Super., San Juan)....