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Thursday, March 08, 2007
State-run insurer settles Katrina, Rita suits
By host @ 5:20 PM :: 3503 Views :: 0 Comments :: Article Rating :: Home
 

from the article;

"Citizens Property Insurance Corp., Louisiana’s insurer of last resort, has agreed to pay about $6.6 million to 167 policyholders in Cameron Parish who sued Citizens for refusing to cover damage from Rita in September 2005, according to attorney Jennifer Jones.

Jones said 102 of her clients signed off on their share of the settlement on Wednesday. She expects at least 20 more policyholders to accept their portion of the deal on Thursday. Payments will be made within 30 days, she added."

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