December 19, 2006

I've previously written on the problems bound to be caused by the Scruggs Katrina litigation in Mississippi, the chickens are coming home to roost; State Farm, which apparently has lost confidence that Mississippi courts will enforce insurance contracts in hurricane territory, will stop insuring for wind damage and may leave the Gulf Coast counties entirely. (AP/Insurance Journal, "State Farm to Begin Excluding Wind Coverage in Miss.", Dec. 18). Earlier Katrina coverage.