WASHINGTON--Sen. Trent Lott, R-Miss., who has leveled his legislative guns at the insurance industry, is deciding whether to roll out the legal artillery for a courtroom battle with State Farm Insurance and Casualty Company.
According to Zach Scruggs, an attorney with the Mississippi law firm that represents the senator, Mr. Lott is considering whether to go to trial or accept a settlement offer from State Farm over his claim for damages to his Pascagoula home stemming from Hurricane Katrina.
In a comment during a hearing last month on legislation he is sponsoring that would repeal the McCarran-Ferguson Act's limited antitrust exemption for insurers, Sen. Lott classified himself as one of Mississippi's "slab-owners."
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