Reuters announced that owners of homes flooded during Hurricane Harvey are claiming billions in damages because of Federal and State water releases from storm-swollen reservoirs. Several lawsuits have been filed in Federal and State Court in Texas and claim properties were taken for public use without compensation. The U.S. Army Corps of Engineers and a Texas State agency have been named as the defendants responsible for the water releases. Damages are estimated to be as high as $3 billion. There may be more than 1,000 homes valued at between $750,000… read more
September 13, 2017