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Started By
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OT Legal Team. Subrogation Claims Against NOLA
Posted on 8/10/17 at 11:03 am
Posted on 8/10/17 at 11:03 am
With the news of the failed pumps, damaged catch basins, and obstructed street drains coming to light, will the legion of insurance companies that pay out of claims sue the city for reimbursement?
5
Posted on 8/10/17 at 11:04 am to Btrtigerfan
Sounds like the insurance companies need to put the Womac on 'em.
Posted on 8/10/17 at 11:04 am to Btrtigerfan
quote:
will the legion of insurance companies that pay out of claims sue the city for reimbursement?
likely not b/c Nola doesn't pay its judgments
Posted on 8/10/17 at 11:06 am to Btrtigerfan
I'd think from a business standpoint, since its mostly vehicles, the cost of a suit wouldn't be worth it.
This post was edited on 8/10/17 at 11:06 am
Posted on 8/10/17 at 11:10 am to Glock17
quote:
I'd think from a business standpoint
It would probably make more sense to stop writing policies, or significantly raise premiums where the losses are highest. This seems like something that will happen again. 4 inches of rain is not all that uncommon in this region.
Posted on 8/10/17 at 11:18 am to Btrtigerfan
Posted on 8/10/17 at 11:41 am to Btrtigerfan
Posted on 8/10/17 at 11:43 am to phutureisyic
Pretty sure that's a dude 
Posted on 8/10/17 at 11:51 am to Tiger Prawn
quote:
Pretty sure that's a dude
Good catch
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