Defendant removed to this Court, as federal courts have exclusive subject matter jurisdiction over flood loss claims against WYO companies. Plaintiff also asserts claims for violations of Louisiana state law, along with claims for statutory penalties and attorney’s fees and costs under Louisiana Revised Statutes §§ 22:1973(B)(2) and (C) and 22:1892(B)(1), interest, professional fees and expenses, reimbursement for additional living expenses, and actual and consequential damages. As a result, Plaintiff filed a breach of contract suit against Defendant for failing to pay out under the policy. Defendant assessed the claim and allegedly returned estimates that were insufficient to cover the damage. 2 After Hurricane Ida, Plaintiff filed a timely claim and sought insurance proceeds from Defendant under the policy. 17-115045-2945 11 and insures against physical damage from wind, hail, fire and hurricane as well as flood-related damage. 1 Defendant provides flood insurance as a “Write Your Own” (“WYO”) carrier through the National Flood Insurance Program (“NFIP”), which is administered by the Federal Emergency The insurance Policy in question bears Policy No. The property was covered by a Standard Flood Insurance Policy (“SFIP”) that Plaintiff purchased from Defendant Wright National Flood Insurance Company. Blount, as the testamentary executor for the succession of the estate of Yvonne Alciatore Blount (“Plaintiff”), owns property that was damaged during Hurricane Ida in August 2021. BACKGROUND This case arises out of an insurance coverage dispute. For the following reasons, the Motion is GRANTED. 16 Case 2:22-cv-04416-JTM-MBN Document 16 Filed 02/14/23 of 6 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF LOUISIANA YVONNE ALCIATORE BLOUNT CIVIL ACTION VERSUS NO: 22-4416 WRIGHT NATIONAL FLOOD INSURANCE COMPANY SECTION “H” ORDER AND REASONS Before the Court is Defendant Wright National Flood Insurance Company’s Motion to Dismiss (Doc. Wright National Flood Insurance Company et al Doc. Wright Flood takes pride in user-friendly technology, exceptional claims reputation, and providing a high level of service.Blount v. It is widely recognized for its experience, claims response and long-standing commitment to partner with agents and policyholders, especially at the time of a flood loss. Wright Flood has more than 40 years of experience exclusively in the flood insurance industry. Together, Wright and UPC Insurance representatives will be in contact with their agents. Best-rated for financial strength as A- (Excellent). For retail agents accessing flood coverage through UPC Insurance, there will be minimal change in the process to continue to provide NFIP coverage for policyholders. All new policies and renewals will be issued by Wright National Flood Insurance Company, which is A.M. Wright Flood will service, administer, and issue flood coverage under the National Flood Insurance Program (“NFIP”) for UPC Insurance policyholders and agents.īeginning in the third quarter of 2022, Wright Flood will manage UPC Insurance’s NFIP flood placements. The transaction is expected to close on June 30, 2022, subject to approval by the Federal Emergency Management Agency (“FEMA”). , a provider of federal flood insurance, is planning to acquire the flood insurance policy book from UPC Insurance Wright National Flood Insurance Wright National acquires flood insurance book from UPC Insurance
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |