State Farm policyholders will receive more money if the company is ordered to use guidelines approved by a federal judge to settle tens of thousands of Hurricane Katrina claims, Attorney General Jim Hood said Monday.
State Farm officials agreed in January to create a process to re-evaluate claims and submit the process to a federal judge for approval, according to a settlement agreement.
But the company has failed to honor the agreement despite his repeated requests, Hood said Monday in announcing a lawsuit he had filed against State Farm alleging breach of contract.
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
More From This Author
Previous Story
Next Story
DC
|
Mary Clare Jalonick, Associated Press
, Lisa Mascaro, Associated Press
, Kevin Freking, Associated Press
•
November 11, 2025
Senate approves bill to end the shutdown, sending it to the House
The final 60-40 Senate vote broke a grueling stalemate that lasted more than six weeks as Democrats demanded that Republicans negotiate with them to extend health care tax credits. The Republicans never did.