Louisiana Majority Reverses Coverage Ruling In Suit Over Damaged Farm Equipment

(July 10, 2024, 8:32 AM EDT) -- SHREVEPORT, La. — A majority of a Louisiana appeals court reversed a lower court’s ruling that an insurance policy provided coverage for damaged farm irrigation equipment but affirmed the lower court’s ruling in favor of the insurer on the insured’s claims for detrimental reliance and bad faith penalties....