Breadcrumbs
Home / LA: Foti Sues One For the RoadLA: Foti Sues One For the Road
Last Updated on Thursday, 8 November 2007 09:43 Written by rslcpol Thursday, 8 November 2007 09:43
NEW ORLEANS (AP) — Louisiana Attorney General Charles Foti is suing the state’s largest property insurance companies, accusing insurers of conspiring to limit payments to policyholders after hurricanes Katrina and Rita and engaging in an elaborate price-fixing scheme.Foti’s wide-ranging lawsuit, filed Wednesday in a state court in New Orleans, alleges that Allstate Insurance Co., State Farm Fire and Casualty Co. and other insurers worked together to manipulate damage estimates and low-ball claims payments after the 2005 hurricanes.
This entry was posted on Thursday, November 8th, 2007 at 9:43 am and is filed under Attorney General News.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.