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August 8, 2008
Jim Hood settles State Farm case
The Mississippi attorney general is spinning the settlement of his 2007 breach of contract action as some sort of triumph, claiming that it arm-twisted the insurer into higher Katrina payouts. As David Rossmiller notes, that means Hood winds up claiming credit for having "caused" events that in fact occurred before he filed his lawsuit. Call it backdating!
Posted by Walter Olson at 12:43 AM
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Insurance Law State Attorneys General
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