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Hurricane Damage Lawsuit


Katrina victim to get $48 million settlement in insurance lawsuit.


Hurricane Damage

New York, NY: (May-13-08) Pinnacle Entertainment, a casino owner, brought a lawsuit against Allianz Global Risks US Insurance Co., over Hurricane Katrina damage at a former Mississippi casino and its Boomtown New Orleans facility. Court papers indicate that Pinnacle previously received $5 million from Allianz. As part of a settlement reached recently, sources declared that Pinnacle Entertainment will receive an additional $48 million from Allianz Global, taking the total payout figure to $53 million. The amount also includes a $3 million interest payment.

Under the terms of agreement, the Las Vegas-based casino operator will release Allianz of all claims and dismiss its lawsuit with prejudice. Pinnacle spokespersons stated that the company is still pursuing a claim against RSUI Indemnity Co. Records show that the company has received a total of about $191.8 million in payments or payment commitments from its insurers related to the hurricane claims. [WAPT NEWS: CASINO OWNER TO GET $48M IN KATRINA INSURANCE SETTLEMENT]


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 is===1

Can a former employee use photographs of jobs completed whie working for me in marketing material for a new business?
There are several issues here

1. Sub contractor started up a compe...

Is a child fathered out of wedlock by an American diplomat to a foreign women on foreign soil entitled to US Citizenship by jus sanguinis?
This is a very tough situation your friend is in. It is difficult to know the ex...

What role does financial means determine which parent gains custody?
was(am) a single male that gained custody of my daughter when she was three. Thi...

My father died and left my mother $200,000 (life insurance) My Mother died 2 years later leaving my sister and I with both about $75,000 each. (including house/vehicles/belongings which I never got). We were supposed to
File a police report. Two police reports, one for you and one for your sister. G...

Can my wages still be garnished if I am making payments?
Garnishment of wages vary from state to state. In other words, some states permi...


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