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Hurricane Katrina Settlement Actions Reported

A Mississippi official said the state is negotiating disputed Hurricane Katrina home damage claims with "almost all insurers in the state," concurrent with a report that State Farm is near a mass sett

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A Mississippi official said the state is negotiating disputed Hurricane Katrina home damage claims with “almost all insurers in the state,” concurrent with a report that State Farm is near a mass settlement of Katrina homeowners’ law suits.

Lee Harrell, Mississippi deputy insurance commissioner, also said that mediation activity by his department had resulted in the settlement of 5,000 disputes between homeowners with Katrina claims and carriers.

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