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Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate ...
State Farm Fire and Casualty Co. and two former claims adjuster sisters, who more than 16 years ago filed a lawsuit claiming the insurer committed fraud against the government's National Flood ...
The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by ...
The U.S. Supreme Court agreed to hear State Farm Fire and Casualty Co.'s bid to overturn a finding that the insurance company fraudulently overbilled the government for damage from Hurricane Katrina. ...
Asia is facing increased exposure to windstorm risks and is projected to be home to eight of the top 10 most exposed cities by 2070, according to a new risk bulletin by Allianz Global Corporate & ...
When Hurricane Katrina made landfall 10 years ago, it caused a whopping $41 billion in insured losses and more than $151 billion in overall economic losses. The storm left massive damages in coastal ...
Hurricane Katrina was a deadly storm that caused a large loss to the insurance industry—but not so large that it shouldn't have been anticipated by the catastrophe models. In the months after this ...
Attorneys for the U.S. government and some New Orleans area property owners met behind closed doors with a judge Wednesday to discuss possible damages arising from a ruling last week that a federally ...
A team of plaintiffs' attorneys has spent roughly $16 million to sue the Army Corps of Engineers over levee breaches that flooded most of New Orleans after Hurricane Katrina. Joseph Bruno, one of ...
Louisiana Citizens Property Insurance Corp., the state-run insurer of last resort, has settled the remaining claims in a class-action lawsuit tied to how it handled claims after hurricanes Katrina ...
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