Settle Lawsuit Or Face Tidal Wave Of Katrina Flood Claims, Hood Warns

Mississippi attorney general says carriers would 'get hammered in individual suits'

Mississippi Attorney General Jim Hood last week warned that insurers can do the smart thing and settle the state's suit seeking to compel coverage for Hurricane Katrina wind-driven water damage claims, or face a flood of individual actions.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.