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Hurricane Katrina / Insurance Trial #837937

CBS Evening News for Wednesday, Jul 19, 2006
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(Studio: Bob Schieffer) Report introduced.

(Gulfport, Mississippi: Jim Acosta) The potential precedent from the first of many lawsuits against insurance companies refusing to pay damages to victims of Hurricane Katrina reviewed; details given of the argument over whether storm surge is a flood. [Mississippi homeowners Paul and Julie LEONARD††- comment.] [Attorney Richard “Dickie” SCRUGGS†- states the insurance companies’ position.] [Nationwide Mutual Insurance Co. Joe CASE†- defends changes in policy language since Katrina.] [Insurance Information Institute Robert HARTWIG†- notes the impact on insurance coverage if the cases are successful.] [Mississippi attorney general Jim HOOD†- says the insurance industry is getting good at dumping it on the taxpayer.]

Schieffer, Bob;
Acosta, Jim

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