It's like Godzilla versus Mothra, who do you root for? Senator Lott is suing State Farm because they refuse to pay up for the devesation of his house from Hurricane Katrina. State Farm's point is that their insurance doesn't cover flooding, and they maintain that Lott's home disappeared in a storm surge (there is nothing left, only a concrete slab). They also maintain that flood re-imbursement is supposed to come from Lott's employer, the federal government. Lott and most of his neighbors did not have the federal flood insurance.
http://www.sunherald.com/mld/sunherald/13419725.htm
We lived in hurricane alley for years, and our local communities REQUIRED we get flood insurance. But, since Lott had the choice, I guess it was his decision.
This is a joint lawsuit, and if it suceeds, State Farm will be in a world of financial difficulty.
So, should the Big Bad Insurance company pay out some ching after years of taking in millions for accidents that never happen, or should the Big Bad senator lay off and eat the expense for the good of the economy?
One aspect I do like, he's suing for $74k, not some outrageously inflated number. I would have to guess his house was worth far more than $74k.