Deadline for Katrina Suits
As Michael Kunzelman noted in Forbes, this week the statute of limitations will run on suits against insurers for Katrina-related claims. It will be interesting to see these remaining suits. Of course, anything is possible, and policyholder lawyers will claim that their clients are victims of egregious misconduct. But, the reality is that policyholder lawyers (like the rest of us) are guided by the law of low-hanging fruit: the strongest cases are the first cases "picked." I will be very surprised if this last group of cases is very strong.
