Insurers Battle La. AG Over Hurricane Payouts

Law360, New York (January 30, 2009, 12:00 AM EST) -- Lawyers for a number of insurance giants have squared off in court against Louisiana Attorney General James D. “Buddy” Caldwell, hoping to derail a lawsuit he inherited from his predecessor that seeks to force the companies to pay more in connection with hurricanes Katrina and Rita.

On Friday, U.S. District Judge Stanwood Duval Jr. heard oral arguments in the case as Allstate Insurance Co., State Farm Fire and Casualty Co. and other insurers pleaded with the judge to toss out the case originally filed in 2007...
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