Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
Isaias proved to be somewhat unusual in that its eastern eyewall did not produce the strongest winds or the most wind claims. The storm’s eye