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State Farm settlement welcomed by many.

Publication: Mississippi Business Journal
Publication Date: 29-JAN-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: State Farm settlement welcomed by many.(Across the Desk)

Article Excerpt
Breaking news is big news, and last week's announcement of a resolution between State Farm, Attorney General Jim Hood and the Scruggs Katrina Group qualifies as exceptionally big news for Mississippi policyholders locked in a battle with the Illinois-based insurer over Hurricane Katrina-related claims settlements.

Trent Lott--Pascagoula resident, U.S. Senator and Katrina victim--was one of the first to voice his opinion. In a statement released by his office, Lott said, "This is a victory for the State of Mississippi and, more importantly, for the individual Mississippians who'll finally be receiving a fair settlement to embark on rebuilding their homes and lives. The insurance...

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