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Louisiana Citizens Property Insurance Corp. doesn’t think the state Supreme Court addressed all the issues it should have before reinstating what has become a judgment of more than $100 million for policyholders.

The state-run insurer of last resort ended 2011 with bad news—a ruling from the state’s highest court that reinstated the award overturned by an appeals court: Each policyholder in the class could get $5,000 plus interest.

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