Sen. Trent Lott settles lawsuit against State Farm
I would be curious to know how closely this settlement resembles the settlement negotiated between the Mississippi Insurance Commisioner and State Farm. The one that was derided by the Scruggs group as being unfair.
If I had to guess, I would imagine that this agreement is pretty similar to the other. Alas, the terms are sealed and we'll never know.
You could be sure that Lott wouldn't settle for less. But, if he got a better deal, you can be just as sure that he wouldn't let it get out. He couldn't be the champion of the "little guy" if he got a better shake than the rest of the "little guys" could he?
If I'm remembering correctly, Lott was in the group of slab cases that State Farm settled earlier, before the class action thing fell apart, but Lott hadn't decided whether to accept the settlement or not.
My mistake, you are correct. So then, are we safe in assuming that the terms of his settlement resemble the other/previous slab cases?
Those would certainly be the parameters, Lott's house, I think, was more expensive than most others at issue, so that might have something to do with the size of the settlement.
