Mississippi News

Appeals Court Vacates $1 Million Award in Mississippi Katrina Case

A federal appeals court threw out a $1 million punitive damage award Monday to a Mississippi couple who sued the nation’s largest insurance company over Hurricane Katrina damage. The 5th U.S. Circuit Court of Appeals in New Orleans also ordered …

Mississippi: Insurer Wants Sisters to Pay for Providing Katrina Claims Records to Scruggs

State Farm Fire and Casualty Co. wants a federal judge to sanction two sisters who secretly copied Hurricane Katrina claims documents and gave them to a Mississippi lawyer whose clients were suing the company. Cori and Kerri Rigsby copied thousands …

Ark., Okla., Texas Hammered with Storms; Damage Estimates Mount

An insurance industry trade organization estimates that preliminary damage from an April 8 Oklahoma hail storm has risen to $15 million and cautioned losses could increase significantly. Meanwhile, Northern Texas, Oklahoma and Arkansas continued to be hammered with violent storms …

Mississippi River Traffic Limited after 2 Accidents at Old Vicksburg Bridge

Towboats in single file slowly negotiated their line of barges past a Mississippi River bridge in Vicksburg Monday, a safety measure ordered after weekend accidents scattered barges in the swift current of the swollen river. No injuries were reported and …

Scruggs-Affiliated Mississippi Lawyers Barred from State Farm Katrina Cases

A group of Mississippi attorneys once affiliated with tort lawyer Richard “Dickie” Scruggs is barred from representing any policyholders in lawsuits against State Farm Fire and Casualty Co. over Hurricane Katrina damage, a federal judge ruled last week, citing ethical …

Climate Change Heats Up Insurance Industry

Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the Chartered Property Casualty Underwriters Society Golden Gate All …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Liquor Liability with Assault and Battery Nuts & Bolts: United States Liability Insurance is writing …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Child Welfare Insurance Services Nuts & Bolts: Child Welfare Insurance Services is offering programs designed …

Is Now a Subprime Time To Be in D&O?

Execs ponder Stoneridge, plaintiffs bar shakeups and market volatility at PLUS Symposium Despite the calm, cool manner of the 1,300 well-coiffed underwriters and brokers in attendance, volatility was on the minds of most presenters at the Professional Liability Underwriters Society’s …

Declarations

Atlanta Winds “Last night’s storms struck our capital city, a center for business, tourism and government, and we are working with city officials to support them during this disaster. State resources are being made available to assist in the cleanup …