Guaranty Association Intervention Denied In Hurricane Coverage Suit

Mealey's (February 9, 2023, 11:45 AM EST) -- LAKE CHARLES, La. — A Louisiana federal magistrate judge denied the Louisiana Guaranty Association’s (LIGA) motion to intervene as a statutory obliger in a bad faith insurance coverage suit filed against a homeowners insurer over purported hurricane damages, finding that though LIGA claims that it is an intervenor of right because a Florida court found the defendant insurer insolvent, LIGA fails to explain its interest in the current suit....