A U.S. court of appeals ruling dashed the hopes of potentially hundreds of post-Hurricane Katrina claimants Tuesday when it ruled a major insurer’s policy language unambiguous. The case is based on State Farm Fire and Casualty Co.’s refusal to pay …
An engineering firm that helped adjust insurance claims on the Gulf Coast after Hurricane Katrina is seeking to block an employee’s computer hard drive from being turned over to a federal grand jury in Mississippi. Forensic Analysis & Engineering Corp. …
The U.S. Department of Justice is weighing whether to intervene in a lawsuit that accuses insurance companies of overbilling the federal government for flood damage from Hurricane Katrina, a judge who unsealed the case on Monday said. A team of …
Michael McAndrews would like to know what business Allstate has telling him he must buy wind and hail coverage — or else. McAndrews received a letter July 12 that said Allstate will not renew his homeowner’s coverage for fire and …
The Nationwide Insurance Companies, who agreed to voluntarily reevaluate Hurricane Katrina slab cases in April, have paid an additional $25 million in claims payments since the reevaluation process began, according to Mississippi Insurance Commissioner George Dale. Over 11,000 claimants filed …
In the Circuit Court of Hinds County Monday, Mississippi Attorney General Jim Hood filed a complaint against State Farm Fire and Casualty Co. alleging bad faith breach of contract related to the settlement agreement the two parties entered into on …
Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies said. Allstate, the nation’s second-largest property and casualty insurer behind State Farm, …
While the public perception is that the industry failed consumers in the handling of Hurricane Katrina claims, the reality is quite different, according to the leader of the nation’s largest insurance agents’ group. “The reality is that overwhelming majority of …
The U.S. Department of Homeland Security intends to subpoena Allstate Corp. and other insurance companies as part of an investigation into Hurricane Katrina claims, the company said last week. Allstate, the second-largest U.S. personal-lines insurer behind State Farm, made the …
Plaintiff attorneys at the Scruggs Katrina Group, headed by Richard “Dickie” Scruggs, said they have brokered an out-of-court settlement for 34 Met Life Property & Casualty policyholders in Mississippi over Hurricane Katrina claims. “The terms of the settlement are confidential …