With insured losses at a record $40 billion and counting, Hurricane Katrina's impact continues to reverberate 18 months after the monster storm hammered the Gulf Coast. State Farm and Mississippi policyholders are rewriting a massive settlement of water-related claims that was rejected by a federal judge, while Florida lawmakers passed a sweeping reform law--over insurer objections--that they hope will maintain an affordable market for homeowners.
To read more about State Farm's settlement efforts, or to get further details about the measures passed in Florida, click below on "Related Articles," or go to the "News" section under "This Week".
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