Mortgage - Free Calculators

PBS and Bloomberg Charges Against Insurance Companies Draw Fire

Katrina may have marked the end for this lack of regulation. As has been widely reported, one victim of the storm was Senator Trent Lott, the powerful Republican Senator from Mississippi whose expensive Gulf Coast home disappeared completely into Katrina's maw. Lott was insured by State Farm and after the company refused to pay one cent of his claim based on the water v. wind argument we talked about in part one of this article, Lott sued. He and the company agreed to an undisclosed settlement this spring but Lott is still angry. He has....