Mississippi News

Mississippi State Football Game Victim of Cowbell Assault Sues

A man involved in an incident last year in which he was hit with a cowbell at a Mississippi State football game has sued his alleged attacker and the Southeastern Conference. Records in Oktibbeha County Circuit Court show William Matthew …

Insurance Industry Outlook Improving, Slightly

The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry economist. The property/casualty insurance …

People

Aon Corp. reported that Andrew Appel, the firm’s chief operating officer, will be leaving the company at the end of the year. The company said there are no plans to fill the position upon Appel’s departure. Appel has held multiple …

It Figures

$42 Million The amount a Kentucky jury awarded to the family of a 92-year old man who died after nine days in a nursing home because the staff neglected him. The nursing home said it plans to appeal. $80 Million …

State Property Insurance Plans Face Increased Exposure

Florida and Louisiana have reduced the number of policyholders covered by their state-run property insurers of last resort since 2008 but non-coastal property owners remain vulnerable to paying for these same insurers’ potential coastal losses. Florida Citizens Property Insurance Corp. …

Declarations

Legislate Commissions “After hearing from various interested parties, if HHS does not fix this language before the rule is final, we hope that Congress will step in and revise the MLR formula through the legislative process.” — Charles E. Symington …

Mississippi Court Rejects Bad Faith Katrina Damages

The Mississippi Supreme Court has upheld a breach-of-contract verdict in a dispute between an insurance company and a retired Navy admiral over coverage of damages from Hurricane Katrina. However, the high court said Admiral James W. Lisanby and his wife …

Employers With Foreign Labor Face Increased Liability

Insurance Considerations for Agents Insuring Agricultural Employer Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable workforce due to the “dirty” or menial nature of certain …

Feds Erred in Loss Ratio Decision

Congress May Need to Intervene After months of discussions, the interim final rule on Medical Loss Ratios (MLRs) released by the U.S. Department of Health and Human Services (HHS) was a huge disappointment. The rule essentially mirrors efforts by the …

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. A-Side Directors & Officers Market Detail: Great American Insurance Group’s Executive Liability Division offers A-Side …