La. Appeals Court Vacates $35M Katrina Claims Deal
By Nick Malinowski ( April 22, 2010, 2:44 PM EDT) -- A Louisiana appellate court has vacated a $35 million settlement between Louisiana Citizens Property Insurance Corp. and policyholders alleging that the state insurer did not handle claims in the aftermath of Hurricane Katrina in a timely manner, finding that class members subsumed into two competing class actions were not adequately notified of the deal....
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