Mississippi Insurance Commissioner Mike Chaney approved an average 11 percent rate reduction filed by the Mississippi Windstorm Underwriting Association. The reductions vary according to geographic zones and go into effect after June 1. They will apply to new policies and …
An invasive weed that already has infested more than 1 million acres nationwide continues to spread across the parched Southeast, and experts say the region’s drought makes the highly flammable intruder more threatening than ever. Cogon grass, known for its …
Poe Suit “Florida’s insurance consumers were forced to foot the bill when the Poe Companies became insolvent so that policyholders could have their claims paid. We will aggressively pursue any opportunity to recoup additional funds to reduce the assessments levied …
$420 Million The amount a South Carolina textile company sued Norfolk Southern railroad for after a train wreck and toxic chemical spill in 2005 forced the company to close. Avondale Mills and Norfolk Southern reached a deal this month. Attorney …
ACE, Aon ACE Limited has completed its acquisition of 100 percent of the outstanding shares of Combined Insurance Co. of America and certain of its subsidiaries from Aon Corp. for $2.56 billion in cash. The closing price exceeded the $2.4 …
A group of attorneys once affiliated with Mississippi tort lawyer Richard “Dickie” Scruggs was disqualified Wednesday from a case that accuses an insurance company of racketeering in its handling of policyholder claims after Hurricane Katrina. The Katrina Litigation Group’s team …
The earthquake that struck the Midwest today should serve as a reminder to many Mississippians that they too are at risk for earthquake damage. Mississippi Commissioner of Insurance Mike Chaney urges all Mississippians to check their homeowner policy for earthquake …
Mississippi officials fear that the federal government’s estimate on damage in Jackson from the April 4 tornadoes will jeopardize chances for federal aid. Jackson Public Works Director Thelman Boyd said Tuesday that storm damage estimates by the Federal Emergency Management …
More than $41 million in disaster recovery grants is being awarded to 39 Mississippi counties and municipalities for individual projects involving Hurricane Katrina disaster recovery. Gov. Haley Barbour and the Mississippi Development Authority said the funding package will touch most …
Embattled Mississippi tort attorney Richard “Dickie” Scruggs was called to testify Tuesday in a civil trial but invoked his 5th Amendment right against self incrimination when questioned about his role in a bribery scheme. Scruggs was called to testify in …
