Insurer Permitted To Opt Out Of Hurricane Ida Settlement To File Motion To Dismiss

(February 6, 2024, 4:25 PM EST) -- NEW ORLEANS — A federal magistrate judge in Louisiana granted an insurer’s motion to opt out of the court’s Hurricane Ida Streamlined Settlement Program for the limited purpose of filing its motion to dismiss its insured’s coverage lawsuit, finding that whether the insureds’ claims are futile should be resolved before proceeding with the next phases of settlement program....