Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.