Insurance lawsuits to follow Irene

NEW YORK (Reuters) – As the water recedes from Hurricane Irene, lawyers are expecting disputes over insurance coverage to pour in.

The biggest fights will stem from arguments over property damage and whether it resulted from wind or water, legal experts said. Similar questions arose in the aftermath of Hurricane Katrina six years ago.

Disputes over the extent of coverage and the reimbursement amounts are also likely as property owners face soggy basements, shattered windows and tree-beaten roofs.

Battles over who pays for what will start funneling into state and federal courts and arbitration forums in the coming months, lawyers and scholars said.

State Farm, Allstate and Liberty Mutual are some of the bigger insurers in the affected areas. Read more…

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