Dozens of Hurricane Katrina-related lawsuits filed by Richard “Dickie” Scruggs for policyholders against State Farm Fire and Casualty Co. have been settled.
Terms of the settlements are confidential.
Officials with Bloomington, Ill.-based State Farm say the company is pleased it was able to resolve the disputes.
Scruggs is serving a federal prison term for bribing a state judge. His Katrina lawsuits were turned over to a Texas law firm, which reached the settlements with State Farm.
In one of the lawsuits, Scruggs claimed that State Farm and its bank engaged in a criminal enterprise with vendors to deprive policyholders of money owed for wind damage from Hurricane Katrina. State Farm denies the allegation.
Court records show the plaintiffs asked the case be dropped.
___
Information from: The Sun Herald, http://www.sunherald.com
Was this article valuable?
Here are more articles you may enjoy.
Florida And East Coast Will See Big Losses From More Cat 5 Storms, Researchers Say 
Truckers Who Fail English Tests Get Pulled Off Roads in Trump Crackdown 
NYT, Chicago Tribune Sue Perplexity AI as Copyright War Rages On 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.