Hurricane Coverage Row With Insolvent Insurer Dismissed For Lack Of Jurisdiction

(April 23, 2024, 12:09 PM EDT) -- NEW ORLEANS  — A Louisiana federal judge granted a joint motion for dismissal after the parties settled claims in homeowners’ breach of contract suit against their now-insolvent insurer for failure to adequately cover damages resulting from Hurricane Ida, finding that subject matter jurisdiction is absent because the homeowners and the Louisiana Insurance Guaranty Association (LIGA), who was substituted as a defendant for the insurer, are all citizens of Louisiana....