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Saturday, November 03, 2007
State Farm sues Mississippi attorney general over criminal probe
By host @ 8:03 AM :: 1691 Views :: 0 Comments :: Article Rating :: Home
 

State Farm's lawsuit claims Jim Hood reopened a criminal probe of the Bloomington, Illinois-based company and its employees "for the purpose of harassment" and to coerce the insurer into settling civil litigation spawned by the Aug. 29, 2005, hurricane.

State Farm says Hood agreed in January to end his office's criminal probe as part of a settlement agreement that called for the company to reopen and possibly pay thousands of policyholder claims. The company also says it paid Hood's office $5 million (€3.45 million) to cover the costs of his investigation.

Tha above comes from this International Herald Tribune article

 

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