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U.S. District Court Judge L.T. Senter Jr. threw a monkey wrench into the controversial State Farm settlement of Hurricane Katrina claims on Friday. Among his many complaints was that plaintiff attorneys hit the jackpot with as much as $20 million in fees. But while this is a setback, I don’t think either side wants the deal to collapse altogether, and expect a modified program to be agreed upon fairly quickly, if only because going back to court is not an alternative for the embattled carrier.

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