Federal Judge Dismisses Hurricane Ida Coverage Suit After Parties Reach Settlement

( October 22, 2025, 9:09 AM EDT) -- NEW YORK — After an insured and its insurer indicated that they reached a settlement in principle, a federal judge in New York dismissed without prejudice the insured’s declaratory judgment, breach of contract and bad faith lawsuit seeking coverage for property damage to its Louisiana restaurant and warehouse that was caused by Hurricane Ida....