Thursday, February 15th, 2007 — State Farm Insurance said Wednesday it is suspending sales of any new commercial or homeowner policies in Mississippi starting Friday, citing in part a wave of litigation it has faced since Hurricane Katrina. Mike Fernandez, vice president of public affairs for State Farm, said Mississippi’s "current legal and political environment is simply untenable. We’re just not in a position to accept any additional risk in this homeowners’ market."