GENE TAYLOR

In 2005 Hurricane Katrina caused immense damage and much of the damaged property was insured. But the insurance companies, faced with large potential losses, placed every legal technicality in the way of paying claims and even came up with new interpretations of their contracts and refused to pay many claims even for people who were told that they were fully insured. See {590850}.

In 2005 Hurricane Katrina caused immense damage and much of the damaged property was insured. But the insurance companies, faced with large potential losses, placed every legal technicality in the way of paying claims and even came up with new interpretations of their contracts and refused to pay many claims even for people who were told that they were fully insured. See {590850}.