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Insurance companies seek reparation from owners of apartment complex

LOUISIANA RECORD

Sunday, December 22, 2024

Insurance companies seek reparation from owners of apartment complex

Insurance 08

NEW ORLEANS – Underwriters for a number of insurance companies claim the companies are owed more than $200,000 for a fire that was not handled properly by the property's owners.

Certain underwriters, as subrogees of Point Investment Properties LLC, consisting of a market of insurers including underwriters at Lloyd's London, ICAT Syndicates 4242, and National Fire and Marine Insurance Company filed a lawsuit on Nov. 2 against Universal Exports LLC, David Kaufman and Mesa Underwriters Speciality Insurance Company in Orleans Parish Civil District Court alleging negligence.

According to the complaint, the plaintiff was the insurance provider to the defendant's apartment complex at 701 Teche St. in New Orleans, which was damaged by a fire on Nov. 2, 2016. The suit states that the fire was caused due to the negligence of the defendant and that the fire department was not contacted in a timely manner. The damages sustained from the fire resulted in a repair cost of $232,721.67. 

Since the fire was allegedly the fault of the defendants and was handled in a negligent manner, the plaintiff is seeking reparation of all sums paid out to the defendants.

The plaintiff seeks all reasonable damages, court costs, attorney fees and all appropriate relief. The plaintiff is represented by attorney Martin E. Golden of Keogh, Cox & Wilson Ltd in Baton Rouge.

The case has been assigned to Division C Judge Sidney H. Cates IV.

Orleans Parish Civil District Court case number 2017-10589

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