NU Online News Service, Sept. 15, 3:41 p.m. EDT
U.S. District Court Judge Stanwood R. Duval Jr. in New Orleans has given approval to settlement of class-action lawsuits against several Louisiana levee boards for damage from Hurricanes Katrina and Rita.
The $20 million settlement is $2 million less than plaintiff attorneys had sought. The lawyers had contended that St. Paul, now Travelers, an insurer for the boards, was responsible for $1 million in coverage for three separate levees, or $1 million for a single "premises." The judge rejected that argument.
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