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State Farm Finally Pays the Victims of Katrina
Policyholders represented by former attorney Dickie Scruggs have settled their lawsuits against State Farm, including a racketeering case that alleged the insurance company conspired with vendors to minimize Katrina damage payments. Policyholder law firm Provost Umphrey indicated more than 225 cases - 90 percent of those the firm had against State Farm in Mississippi - have been settled, including the racketeering lawsuit with 38 plaintiffs. Terms of the settlements are confidential.
I really love to hear stories about justice finally being served. I suspect State Farm, in the end, paid out a pretty penny to those affected by Hurricane Katrina. State Farm will move on to other business, but those victims of both Katrina and State Farm's abusive claim practices will never forget the storm and the treatment they received from the "Good Neighbor".