Whoever it is on the legal team at State Farm headquarters in Bloomington, Illinois that does not want to add insult to injury suggested this olive branch:

State Farm Insurance Company has reached a settlement with a Mississippi couple.

A few weeks ago a 5th U.S. Circuit Court of Appeals panel in New Orleans ordered a new trial and threw out a lawsuitthe couple filed against the insurance giant for denying their claim of hurricane Katrina damages.

In 2007 a Gulfport jury had awarded the couple $2.5 million in punitive damages, reduced later to $1 million by the judge. The panel said the judge shouldn’t have allowed jurors to consider punitive damages in the first place.