A proposed State Farm class-action settlement for Mississippi homeowners with Hurricane Katrina claims was rejected by a federal judge yesterday who said the cases involved were too different to be lumped together.
The decision by U.S. District Court Judge L.T. Senter Jr. in Gulfport, Miss., came 10 days after a key group of lawyers involved in developing the proposal withdrew their request to have it approved.
A week later it was announced that the insurer had worked out an arrangement with Mississippi Insurance Commissioner George Dale for an expedited re-examination of up to 35,000 homeowners' claims in three coastal counties with a minimum of $50 million in payments promised.
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