Hurricane suits may be settled soon - USATODAY.com

Hurricane suits may be settled soon - USATODAY.com:

"The first major insurance settlement involving a group of hurricane-damaged homes in Louisiana is in its final stages and could be announced as soon as in a week or two, according to the attorney for the homeowners who sued.

The likely multimillion-dollar deal would cover about 165 homeowners insured by Louisiana Citizens — the state-created insurer of last resort — in Cameron Parish, where the 2005 hurricanes reduced homes to slabs, says Jennifer Jones, the homeowners' lawyer.

Jones cautioned that the settlement could still be scuttled. But if it succeeds, it could provide a model for resolving hundreds other such cases in the state. The deal would not affect thousands of homes damaged by the New Orleans levee breach after Hurricane Katrina.

Separately, State Farm, the largest insurer in Louisiana, has made two offers to settle 135 Cameron Parish cases involving homes reduced to rubble, "