The New Orleans Times-Picayune (3/13, Mowbray) reports, “A Port Sulfur couple whose home vanished in Hurricane Katrina won’t be able to collect penalties, bad faith and attorneys fees from State Farm Fire & Casualty Co. after the 5th Circuit Court of Appeal overturned the finding that the state’s largest insurer acted in bad faith in handling their claim.” While, “the U.S. District Court decision forcing State Farm to pay Judy and Michael Kodrin the full value of their homeowners policy for wind damage still stands…the appeals court ruling removes two-thirds of their original $356,318 award.” The AP (3/13, Kunzelman) also covers the story.
From the American Association for Justice news release.
