The first trial for one of the several thousand lawsuits that Louisiana homeowners filed against their insurers in federal court after Hurricane Katrina began Feb. 12 with the jury selection and opening statements. In their lawsuit against Allstate Indemnity Co., …
A federal judge in Mississippi has scheduled a hearing later this month to clarify the terms of a proposed settlement that calls for State Farm Insurance Cos. to reopen, review and possibly pay thousands of disputed claims by policyholders after …
A landmark legal settlement with State Farm Fire & Casualty Co. promises to jump-start the rebuilding process for thousands of Mississippi homeowners devastated by Hurricane Katrina, but critics warn the deal could hurt many of Mississippi’s Gulf Coast residents. That’s …
A Mississippi grand jury probing State Farm Insurance Co.’s handling of claims after Hurricane Katrina heard testimony this week from two sisters who turned over reams of internal claims records to investigators while they worked for the company, a person …
State Farm Fire & Casualty Co. settled out of court last Friday with a Mississippi policyholder whose lawsuit over Hurricane Katrina damage was scheduled to be tried next week in federal court. State Farm settled with Richard Tejedor of Long …
Even as the Mississippi attorney general negotiates a potential settlement with State Farm Fire & Casualty Co., an eight-person jury began hearing opening statements Tuesday in one of hundreds of insurance lawsuits filed by policyholders after Hurricane Katrina. By seating …
St. Paul Travelers is scaling back plans to stop renewing most of its commercial policies in the New Orleans area this year, a decision that is “very good news” for businesses here after the 2005 hurricanes, Insurance Commissioner Jim Donelon …
A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The Louisiana Insurance Rating Commission voted 4-to-1 against …
A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The Louisiana Insurance Rating Commission voted 4-to-1 against …
St. Paul Travelers said Dec. 1 that it will stop renewing many commercial insurance policies in the New Orleans area next year, stoking fears that other insurers are prepared to pull out of the market after Hurricane Katrina. The state’s …
