( October 18, 2024, 1:23 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Oct. 17 reversed a lower federal court’s imposition of statutory penalties, attorney fees and costs in favor of a church insured in its lawsuit alleging that the insurer underpaid its losses arising from Hurricanes Laura and Delta, finding that the lower court erred when it determined that the insurer’s conduct was arbitrary and capricious and without probable cause....