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Hood, State Farm Insurance settle breach of contract lawsuit.

Publication: Mississippi Business Journal
Publication Date: 18-AUG-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Mississippi Attorney General Jim Hood has settled the breach of contract lawsuit his office filed against State Farm Insurance, which was filed after Hood said State Farm did not adhere to the terms of a separate settlement reached last year in Hinds County Chancery Court as it related to the payment of policies on the Mississippi Gulf Coast after Hurricane Katrina.

The settlement required that the insurance company establish an administrative procedure to re-evaluate claims of policy-holders in Jackson, Harrison and Hancock counties. The procedure had to...

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