NU Online News Service, Feb. 27, 3:11 p.m. EST
Attorneys representing a group of homeowners that sued the Louisiana insurer of last resort have rejected a settlement offer, calling it “fatally flawed.”
Wiley Beevers, who serves as class counsel, says several provisions in the $103 million settlement offered by Citizens Property Insurance Corp. “could never be approved and will be subject to attack as unethical and contrary to law.”
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