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Thursday, 24 May 2012 13:45
Will Louisiana Legislature overturn Citizens Insurance Class Action Judgment?
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louisiana capitol 2While the Louisiana legislature is debating the state’s budget, government employee pension plans and other final legislative session matters, there remains a multi-million dollar question—whether lawmakers will trump the courts in a battle over class-action lawsuit.    

Currently, 18,753 Louisiana property owners-plaintiffs are waiting to see if the legislature are able and willing to pass legislation that would over-turn lower, appellate and Louisiana Supreme Court decisions favoring those property owners over Louisiana  Citizens Insurance Company.  Plus, perhaps more are waiting to see what the legislature will do. 

The current judgment against the insurance company is now over 100 million dollars with interest running.   According to Fred Herman, a lead attorney for the class action plaintiffs, Insurance Commissioner Jim Donelon is pushing the legislature to nullify the court decision.

On Monday, Bayoubuzz ran into Herman in the halls of the legislature.   Here is a video interview  regarding an issue that  could affect thousands over millions with the legislature doing what the courts would not.

 

 

The New Orleans Times Picayune has shook up the media world by announcing its downsizing and its significant conversion towards digital media. Is this a mistake? Can we expect the same from other Louisiana media? Can the New Orleans and Louisiana governments and the private sectors do more to help the media develop its digital alternatives? Tell us how you feel about any one of these issues.

 

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