Insureds Seek Vacatur Of Order Compelling Arbitration Of $7M Hurricane Claim

( November 27, 2024, 12:30 PM EST) -- NEW ORLEANS — Citing new Louisiana Supreme Court precedent on the arbitrability of insurance claims, two New Orleans property owners filed a motion in Louisiana federal court to vacate an order compelling arbitration of their claims for $7 million in damages caused by Hurricane Ida and for bad faith against a group of foreign and domestic insurers, which was previously upheld by the Fifth Circuit U.S. Court of Appeals....