State Farm and Mississippi’s insurance regulator announced an agreement for handling Hurricane Katrina claims last week, which the company said includes many provisions of a proposed class-action settlement that collapsed earlier this month in federal court.

On March 12, a group of attorneys involved in the federal class-action proposal notified U.S. District Court Judge L.T. Senter Jr. in Gulfport, Miss., that they were withdrawing their request to have the settlement approved.

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