Thousands still owed money from class action lawsuit against Cit - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Thousands still owed money from class action lawsuit against Citizens Insurance

Hurricane Katrina (Source: NOAA) Hurricane Katrina (Source: NOAA)
BATON ROUGE, LA (WAFB) -

Louisiana Treasurer John Kennedy said more than 4,500 are owed proceeds from a Citizens Insurance lawsuit.

The Unclaimed Property division of the Louisiana Department of the Treasury is holding money for many who participated in a class action lawsuit against the insurance company, but are yet to claim their settlement portion.

"We want to return this money to the people," Kennedy said in a written release. "Most class action members are owed on average $1,640."

Click here to search for class action settlement proceeds or call 1-888-925-4127. Calls will be answered from 8:00 a.m. to 4:30 p.m. Monday through Friday.

The Treasury Department said the money is from a lawsuit filed against Citizens over the handling of claims after hurricanes Katrina and Rita.

Officials added $7.7 million in settlement proceeds was deposited on May 15 and 4,588 people are still owed money.

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