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The recent flooding in Lake County, Ohio has left homeowners wondering how they are going to recover from the emotional and economic losses they have suffered as a result of what has been called a "once every 500 years disaster. One of the residential developments, the Millstone condos, housing over 60 families were inundated, wrecking the structures and destroying most of what was inside.

Residents have been back over the past two weeks to salvage what they can, but their lives have been on hold as they wonder what will happen next.

Also damaged were the Gristmill Condominiums which suffered substantial damage to the walls, floors and exteriors when the Grand River crested at more than 17 feet, nearly 10 feet above flood stage, submerging many of the buildings to their rooftops. Workers gutted most of the buildings last week.

Many of the residents have learned that despite living in a flood plane, their insurance agents failed to obtain flood protection for them as part of their homeowners insurance policy despite making requests for full coverage. Such omissions give rise to claims against the agents for the damages which were not covered as a result of these critical errors. Moreover, it has come to light that the homeowners association for at least one of these developments was wholly under-insured leaving questions as to where the dollars will come from to rebuild and or pay off the mortgages of these condo owners and correspondingly whether the trustees fulfilled their fiduciary duties to the members of the association in leaving them exposed in this disaster.

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