Quote of the Day - Ancient Rome declined because it had a Senate; now what's going to happen to us with both a Senate and a House?
Back in mid-September, MIPTC reported that Mississippi Attorney General Jim Hood sued a number of insurers over their failure to cover the devastation to homes in the coastal state caused by Hurricane Katrina. Plaintiffs' Lawyer Dickie Scruggs, known for taking on tobacco suits in the 90's also lost his beachfront home, and joined Hood's effort against a bevy of recalcitrant insurers.
The insurance companies claim that the storm surge from the Hurricane constitutes a flood, not covered by typical homeowners' policies. Hood and Scruggs claim otherwise: wind caused the surge, and wind is a covered peril under practically all policies.
The fight took a new twist today when Senator Trent Lott (R-Miss.) joined the fray. His Pascagoula beachfront home, like his brother-in-law Dickie Scruggs' home, was leveled by the Hurricane. According to this AP article, written by Holbrook Mohr, Lott said, "Today I have joined in a lawsuit against my longtime insurance company [State Farm] because it will not honor my policy, nor those of thousands of other south Mississippians, for coverage against wind damage due to Hurricane Katrina. There is no credible argument that there was no wind damage to my home in Pascagoula."
Apart from uttering multiple double negatives, Lott has also been seeking aid in the Senate for Mississippians devastated by the Hurricane. On the same day he filed suit, the Senate also passed his $6 billion aid package to his home state. Just goes to show you there's more than one way to skin a cat.