Scott Jordan

La. Supreme Court sides with insurer in landmark Rita case

On the heels of its recent April ruling in favor of the Lafayette Insurance Company in a landmark Hurricane Katrina-related case, the Louisiana Supreme Court issued a ruling yesterday in a major Hurricane Rita-related insurance case, siding with Louisiana Citizens Property Insurance Co. in a lawsuit filed by Vermilion Parish couple Mark and Barbara Landry. The Landrys had wind coverage but no flood coverage, and argued that Citizens owed them the full value of their destroyed home. In its ruling , the Supreme Court noted that “... defendant is not obligated to pay the face value of the policy as the different method of loss computation set forth in the policy does not require a payment of face value.”