They say you shouldn't argue with people who buy ink by the barrel, but Mississippi Attorney General Jim Hood proved that he can take a punch, and come back swinging, after being hammered by "The Wall Street Journal" in a Feb. 2 editorial, headlined "Robin Hoods."
In the Journal's view, Mr. Hood had "bludgeoned insurer State Farm into a gigantic settlement over hundreds of dubious claims." Indeed, the paper charged, the colorful attorney general "has been on a campaign to loot insurers from the first days after Katrina."
But Mr. Hood did not shy away from a fight. The Journal had suggested that this was a simple case of "populist" politicians, undeserving homeowners and greedy trial lawyers conspiring to abuse the legal system to force innocent insurers to pay claims that were clearly excluded as flood-related.
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