Recent victims of flooding in Louisiana need to be aware of some of the basic facts of flood insurance: Homeowner’s insurance does not typically cover flood damage. Flood damage is compensated from flood policies issued under the National Flood Insurance Program. The NFIP covers up to $250,000 for the structure of the home and $100,000 [...]
An important decision regarding the interplay between state insurance laws and ERISA is expected to be handed down soon by the United States Fifth Circuit Court of Appeals in Aetna Life Ins. Co. v. Methodist Hospitals of Dallas, et al (“Aetna”). Argument was heard on December 1, 2015 so a decision could be issued soon. [...]
As discussed last week, lost in the hub-bub about Volkswagen’s deception in fooling regulators about the emissions of its “clean” diesel engines is the very real economic damages of used car dealers who purchased VWs for resale. Those small businesses are now left holding the bag because of VW’s deception. The same is true for [...]
Lost in the hub-bub about Volkswagen’s deception in fooling regulators about the emissions of its “clean” diesel engines is the very real economic damages of a certain group of small businesses. In addition to consumers, used car dealers are left holding the bag because of Volkswagen’s deception. That is because those small business owners made [...]
The Louisiana Supreme Court recently gave victims of legal malpractice in Louisiana important new rights. The Court’s decision in Lomont v. Bennett, 2014-2483 (La. 6/30/15), — So. 3d — will likely make it easier for victims of legal malpractice to obtain redress. Before reviewing the Lomontdecision, however, it is worthwhile to consider what “legal malpractice” [...]
From automobile purchases to terms of services on the internet, contracts play a significant role in our daily lives. One problem with the proliferation of contracts is that individuals rarely examine the contracts cautiously before agreeing to the terms. Even when vigilant individuals attempt to inspect and understand these contracts, they are nevertheless perplexed by [...]
Named after the fertile red soil in its river bed, the Red River is deeply intertwined with Louisiana history. Both Shreveport and Bossier City were founded on the banks of the river, as were Alexandria and Pineville. Following the clearing of the Great Raft, the Red River was made navigable and greatly stimulated Louisiana commerce [...]
It has been reported that millions of government workers’ private information might have been compromised by hackers. The Associated Press reports that hackers may have obtained critical personal information, such as name, Social Security Number, date and place of birth, job assignments, training files, performance ratings and current and former addresses. As more and more [...]
According to a recent Insurance Information Institute (III) poll, 95% of homeowners had homeowners insurance but a staggering number of renters do not carry renters insurance. Some estimate that nearly two-thirds of the 81 million people who rent their homes are uninsured for their contents or to cover any possible liability. If you are a [...]
The Louisiana Supreme Court recently gave victims of legal malpractice in Louisiana important new rights. The Court’s decision in Lomont v. Bennett, 2014-2483 (La. 6/30/15), — So. 3d — will likely make it easier for victims of legal malpractice to obtain redress. Before reviewing the Lomont decision, however, it is worthwhile to consider what “legal [...]