hurricane ida News

Federal Reserve Assesses Vulnerability, Viability of New York City’s Basement Housing

Approximately 10% of low-income and immigrant New Yorkers live in areas with basement apartments that are at high risk of flooding, according to a report released by the Federal Reserve Bank of New York. The report,”Flood Risk and Basement Housing …

Louisiana Courts Still Tidying Up After Storm of McClenny Moseley Lawsuits

In December 2022, before much was known about how McClenny Moseley & Associates in Houston was able to set up shop in New Orleans and sign-up thousands of Louisiana clients in less than a year, US District Court Judge James …

Lighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims

A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as the insurer solicited millions in fresh capital. And part …

Homeowners Affected by Hurricanes Urged to Complete Restore Louisiana Survey by August 1

Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore Louisiana Homeowner Assistance Program survey. Homeowners …

Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits

A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas state court in …

Houston Law Firm Paid Almost $14M for ‘Prescreened’ Client Leads

The McClenny Moseley law firm agreed to pay $3,000 to $3,500 in advance for each prospective client referred to it by a marketing firm, at a total cost of nearly $14 million, according to documents submitted this week to a …

Q&A: Louisiana Commissioner Jim Donelon on Special Session to Address Insurance Crisis

In the aftermath of Hurricane Katrina, Louisiana lawmakers created a $29 million incentive fund to lure property insurance companies to write business in the state. The Insure Louisiana Incentive Program provided grants to five insurers, who were required to match …

Filipino Workers Say Oil Company Abandoned Them in Hurricane Ida

NEW ORLEANS (AP) – As Hurricane Ida struck the Louisiana Gulf Coast in August 2021, Renato Decena and Rosel Hernandez watched the storm punch a hole in the roof of the bunkhouse where they were sheltered _ abandoned, they allege, …

Louisiana Police Arrest Tx. Public Adjuster Accused of Pocketing Clients’ Checks

Louisiana State Police arrested a Texas public adjuster for allegedly pocketing $592,000 from settlement checks that were intended for seven former clients by forging the homeowners’ signatures. Andrew Joseph Mitchell, 43, voluntarily surrendered to state police at the St. Charles …

La. Nursing Home Owner Faces New Lawsuit in Ida Storm Evacuation

NEW ORLEANS (AP) _ A nursing home owner who faces criminal and civil complaints over evacuating residents to a squalid warehouse to ride out Hurricane Ida in 2021 is now being sued by federal authorities who say he misspent $4 …