Louisiana Citizens Property Insurance Corp. considers proposed settlement

8 February 2012, 9:15 am

BATON ROUGE, La. (AP) - The governing board of Louisiana's property insurer of last resort plans Thursday to discuss a $100-million-plus court judgment against the company for taking too long to begin handling claims for hurricanes Katrina and Rita. State Insurance Commissioner Jim Donelon said the plaintiffs have offered to settle the case, but he couldn't discuss details of the offer ...... Read More »

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