Mississippi News

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. Corporate Directors and Officers Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC offers a …

Declarations

The Party’s Over “That party is over. … It’s a certainty that insurance industry profit margins, including ours, will fall significantly in 2008. Prices are down, and exposures inexorably rise … So be prepared for lower insurance earnings during the …

Texas Work Comp Division Accepting Comment on Network Rules

The Texas Department of Insurance Division of Workers’ Compensation (TDI-DWC) is accepting public comment on proposed rules regarding notification to health care providers of contractual agreements with informal networks and voluntary networks, and reporting requirements. The proposed rules may be …

Mo. Governor Seeks Federal Aid

Gov. Matt Blunt is asking for federal money to reimburse local governments in southern Missouri affected by a February winter storm. Damage assessment teams attributed almost $14 million in infrastructure damage in 18 counties to icy weather Feb. 10-14. If …

Mississippi Insurance Commissioner to Host Coastal Forum

Mississippi Commissioner of Insurance, Mike Chaney, and the Mississippi Insurance Department will hold an informational public forum this week for the state’s coastal residents. Featured speakers from the state’s Wind Pool, the Stennis Institute and Hancock Bank will discuss effects …

Judge Dismisses Ala. Contempt Case against Miss. Attorney Scruggs

A federal judge dismissed a criminal contempt charge against Mississippi attorney Richard “Dickie” Scruggs last week, giving the prominent lawyer one less case to worry about as he fights a more serious bribery indictment. U.S. District Judge Roger Vinson ruled …

Miss. Senate Approves $25 Million for Wind Pool to Help Gulf Coast

Freshman Sen. Michael Watson knows the sting of rising insurance costs on the hurricane-battered Mississippi Gulf Coast. Watson said after Hurricane Katrina struck more than two years ago, he lost his home’s wind insurance with Farm Bureau so he joined …

Miss. A.G.: Didn’t Know Men Allegedly Buying Influence

Mississippi Attorney General Jim Hood says he would not have met with two men now entangled in a judicial bribery case had he known they were allegedly paid $500,000 to try to influence his investigation of an insurance company’s handling …

FBI: Scruggs Paid 2 Men to Persuade Miss. A.G. not to Indict State Farm

A lawyer accused of trying to bribe a judge also paid two associates $500,000 to convince Mississippi Attorney General Jim Hood not to file criminal charges against an insurance company over its handling of Hurricane Katrina claims, according to an …

Alabama House Votes to Raise Auto Insurance Requirements

The state House approved legislation Tuesday that would bring Alabama in line with about half the South by raising the minimum amount of auto liability insurance that motorists must buy. The House voted 82-0 for legislation by Rep. Marc Keahey, …