An insurance company is suing the Bay St. Louis-Waveland, Miss., School District over wind versus water damage related to Hurricane Katrina.
Insurer Cathedral Capital Limited has asked a federal judge to determine its liability under its policy with school district.
The school district contends there was more damage caused by wind than Cathedral wants to pay for through its policy.
School Superintendent Kim Stasny said the school district’s policy with Cathedral is a secondary policy, meaning it pays only after the system’s primary insurance limits are reached.
Stasny said the school district’s primary policy covers claims up to $5 million. He said the Cathedral policy covers about $25 million.
Scott Ellzey, the attorney representing the insurance company, says both parties are continuing to work toward a resolution.
Was this article valuable?
Here are more articles you may enjoy.
AI for the Defense: Should Insurers or Law Firms Pay? 
Business Interruption Claims Arising From the Middle East Conflict 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? From This Issue
