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To: mishedlo who wrote (54889)	8/16/2006 10:46:29 AM
From: RealMuLan	Respond to of 116555

[the Katrina damage was caused by wind, not by water, so no coverage]--"Nationwide wins Hurricane Katrina case" Business First of Columbus - 5:21 PM EDT Tuesday A Mississippi judge ruled Tuesday in favor of Nationwide Mutual Insurance Co. in a case stemming from damage caused by Hurricane Katrina last August. Judge L.T. Senter Jr., with the U.S. District Court for the Southern District of Mississippi, rejected claims by Paul and Julie Leonard that Nationwide was liable for the full extent of property damage to their house. He upheld Nationwide's argument that its homeowners' policies exclude coverage for water damage caused by flooding or storm surges. Columbus-based Nationwide and other insurers instead send homeowners to the National Flood Insurance Program for flood insurance. "The facts clearly demonstrated the damage the Leonards' home incurred was overwhelmingly due to flood waters," Nationwide said in a statement following the verdict. Nationwide policies cover water damage from rain only, the company has said. Senter also rejected the Pascagoula, Miss., couple's claims that their insurance agent misrepresented the terms of their homeowners' coverage. "This ruling underscores just how important it is for all policyholders to carefully read and understand the terms of the coverage they purchase," Nationwide said. bizjournals.com