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June 11, 2007

Act of God or Man?

flood%20insurance061107.gifIt's hurricane season in the Gulf Coast region, which always generates some interesting issues involving insurance markets and liability (see also here). Along those lines, this Tim Haab post discusses an interesting case arising from the floods of Hurricane Katrina regarding the difference between an Act of God and an act of man under a homeowner's insurance policy. A good reminder to pull out your homeowner's policy and review what type of damage is covered and what's not in the event of a hurricane.

Posted by Tom at June 11, 2007 4:15 AM

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