Wednesday, May 2nd, 2007 — Metropolitan Property and Casualty Insurance Co. has agreed to settle out of court with 34 policyholders in Mississippi who sued the insurer over damage to their homes from Hurricane Katrina, a lawyer for the policyholders said Tuesday. Terms of the agreement between the MetLife subsidiary and the homeowners are confidential, said Zach Scruggs, an attorney for the policyholders.