Rice Mill Says Hurricane Damage Claims Are in Court

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By Caroline Simson (Sept. 28, 2021, 8:49 p.m. EDT) – The owner of Louisiana’s largest rice mill urges federal court not to force him to arbitrate his multi-million dollar claim against his insurers for losses ” catastrophic ”caused by two hurricanes that ravaged the region last year, claiming that an underlying arbitration clause is invalid under state law.

Farmers Rice Milling Co. LLC and Hardy Rice Dryer LLC, which owns a nearby grain drying and storage facility, argued in a Monday submission that the policy cited by insurers – which include Lloyd’s underwriters of London, Indian Harbor Insurance Co., Lexington Insurance Co. and others – contains crippling contradictory language …

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