Levee district may need to self-insure.The entity in charge of the now infamous levee levee (lĕv`ē) [Fr.,=raised], embankment built along a river to prevent flooding by high water. Levees are the oldest and the most extensively used method of flood control. and floodwall flood·wall n. A wall built along a shore or bank to protect an area from floods. system in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded that failed when Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. struck is considering self-insuring its liability risks. The Board of Commissioners of the Orleans Levee District met Feb. 9 to consider also whether to go bare--as a neighboring levee district was forced to do recently--or renew liability coverage that expired Feb. 7 at a rate seven to eight times higher than before, Safety Risk Director Carol Kiefer said. In the past five months, more than 30 insurers have declined the district's requests for coverage, and St. Paul Travelers Cos., which since 2000 had been providing general and excess general liability insurance coverage, as well as police professional liability, notified the district in August of its intention to retire the account effective Feb. 7. St. Paul confirmed it had offered to renew at a significant increase in premium and deductible obligation. |
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