Metairie Towers $650,000 Insurance Proceeds Settlement
Own or formerly owned a condominium at Metairie Towers between August 29, 2021 and April 21, 2023? You could receive a cash payment from a $650,000 class action settlement. Submit your claim by September 26, 2025—details and required documents are outlined below.
Download Official Notice (PDF)Eligibility
- Owned at least one Metairie Towers condominium unit continuously from Aug. 29, 2021 – Apr. 21, 2023; or
- Purchased a unit after Aug. 29, 2021 and still owned it on Apr. 21, 2023
- Submit a separate claim for each unit you owned (one-bedroom or two-bedroom)
- Excluded: Any unit owner who served on the Metairie Towers Condominium Association board between Aug. 29, 2021 and Apr. 21, 2023
Potential Payout
After court-approved deductions (attorneys’ fees, costs, service award, administration), remaining funds will be split pro rata based on unit type:
- One-bedroom unit – 0.42905 share
- Two-bedroom unit – 0.52968 share
The exact dollar amount depends on the number of valid claims submitted.
How to File a Claim
- Download and print the claim form (PDF).
- Complete all sections and have the form notarized.
- Gather one document proving ownership (tax bill, deed, insurance bill, recorded sale, or court order).
- Include a copy of government-issued ID (driver’s license, ID card, or passport).
- Mail or email the package to the Settlement Administrator by Sept. 26, 2025:
Metairie Towers Settlement Administrator
P.O. Box 3637
Baton Rouge, LA 70821
info@MetairieTowersSettlement.com
Key Dates
- Opt-Out / Objection Deadline: Sept. 26, 2025
- Claim Deadline: Sept. 26, 2025
- Fairness Hearing: Oct. 6, 2025
- Payments: After final approval and resolution of any appeals
Why Is There a Settlement?
Plaintiffs allege the Metairie Towers Condominium Association and related parties mismanaged and wasted insurance proceeds received after Hurricane Ida and a later water-damage event, leaving insufficient funds for property repairs and harming unit owners financially. While denying wrongdoing, insurers Scottsdale Insurance Co., Evanston Insurance Co., and Interstate Fire & Casualty Co. agreed to a $650,000 partial settlement. Litigation continues against non-settling defendants.
Settlement Fund Breakdown
- Attorneys’ fees: $227,500
- Service award to class representative: $2,500
- Administration & expenses: TBD
- Payments to class members: Balance of the $650,000 fund
Frequently Asked Questions
Who is eligible for the Metairie Towers $650,000 Insurance Proceeds Settlement?
Anyone who owned a Metairie Towers condo unit (one- or two-bedroom) continuously from Aug. 29, 2021 through Apr. 21, 2023, or who bought after Aug. 29, 2021 and still owned on Apr. 21, 2023, except former board members during that period.
How much money will I receive from the Metairie Towers settlement?
Your payment is based on a pro-rated formula. One-bedroom units receive a 0.42905 share and two-bedroom units a 0.52968 share of the net settlement fund. Actual amounts depend on the total number of valid claims.
What documents do I need to submit with my claim?
- Proof of ownership (tax bill, deed, insurance bill, recorded sale, or court order)
- Government-issued photo ID
- Notarized claim form
When will Metairie Towers settlement payments be sent?
The administrator will issue payments after the court grants final approval on or after Oct. 6, 2025 and any appeals are resolved.
Can I exclude myself from the Metairie Towers $650,000 Insurance Proceeds Settlement?
Yes. Mail a written request for exclusion to the Settlement Administrator by Sept. 26, 2025 to retain your right to sue separately.