State Farm began sending out information last week to 35,000 Mississippi policyholders who filed foundation-only claims — also referred to as “slab” claims — that stemmed from Hurricane Katrina. Those who return the form will have the opportunity to get their claims reexamined by the company.

The announcement comes on the heels of an agreement State Farm reached last month with the Mississippi Department of Insurance Commissioner George Dale. The agreement called for a reevaluation of claims for wind damage by policyholders with properties in the Mississippi counties of Harrison, Hancock, and Jackson. According to State Farm, the reevaluation process does not include policies with wind exclusion, property covered by a flood policy only, those who filed suit against State Farm and already reached a settlement, and those who already reached a settlement through the Mississippi Insurance Department Mediation Program (except those with foundation-only claims).

Once policyholders receive the forms and mail them back to the State Farm, the company will review and consider all new claim-related information. Any additional compensation will be based strictly on wind or wind-driven rain, said State Farm in a release, and will not include losses from flood or storm surge. The company also said it expects to spend a minimum of $50 million on these revisited claims, which is in addition to the $1.2 billion it already has paid in Mississippi alone as a result of Hurricane Katrina.