State Farm Katrina Claims
State Farm Katrina Claims Denied Lawsuits
State Farm Katrina Claims | Lawsuits, Lawyers | Losses, Property Damages | Insurance Claims Denied, Policy Holders, Failure To Pay, Hurricane Katrina, Natural Disaster
On January 11, 2007 a federal judge ruled that State Farm must pay $223,292 in damages to a couple whose home was damaged by Hurricane Katrina. The judge also ordered State Farm to pay $2.5 million in punitive damages for the company's failure to pay the claim. Less than two weeks after this ruling, State Farm entered into an agreement to settle hundreds of other suits brought by angry policyholders. Under the settlement, 300 homeowners who lost everything will receive their full insurance coverage. It has also bee reported that 1,000 other policyholders would receive at least half of their full coverage amounts, with an opportunity to negotiate for more.
State Farm and other insurers have argued that their homeowner policies only cover damage from wind but not from water. These companies further argued that that their policies exclude damage that could have been caused by both wind and water. Most of the homes devastated by Hurricane Katrina were initally damaged by hurricane-force winds and then further savaged by Katrina's flooding.
Parker Waichman LLP is currently evaluating hundreds of cases involving Hurricane Katrina claims that were denied by State Farm. PWM is aggressively investigating these cases in Mississippi, Louisiana, Alabama, Florida and Texas.
Legal Help For Victims Affected By State Farm Katrina Claims
If your Katrina-related insurance claim was denied by State Farm or any other insurance carrier, or if you plan to file a claim, you can request a free case evaluation by visiting by completing the case evaluation form located on the right side of this page. You can also request a free case evaluation by calling Parker Waichman LLP at 1-800-YOURLAWYER (1-800-968-7529).