BP PLC has turned down Alabama’s claim for $148 million in lost government revenue due to the worst oil spill in U.S. history, according to the state’s attorney general, Troy King. BP denied the claim because it said there was …
A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the fall air Tuesday as members of the Alabama Coastal …
Following Hurricane Katrina, many insurance agents and brokers found themselves being sued by their customers when they realized that they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims involved …
Mississippi Insurance Commissioner Mike Chaney said his office is looking into a complaint that a retiree benefit adviser in the Pascagoula school system steered retirees to private plan she was selling. Chaney told The Mississippi Press that the complaints allege …
Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement …
Louisiana has developed and implemented a more comprehensive and stronger building code than Mississippi and Alabama, according to a recent study conducted by the Institute for Business & Home Safety (IBHS). The organization conducted a comparative analysis on the quality …
Allstate Insurance alleges that Mississippi’s insurance chief ignored an internal actuarial report that justifies the insurer’s request for a 44 percent rate increase when he denied the bid. But Insurance Commissioner Mike Chaney says that he reviewed not just one …
Mississippi Insurance Commissioner Mike Chaney has denied Allstate Property and Casualty Insurance Co.’s requested 44 percent statewide homeowners rate increase. “Based on our internal reviews and that of our actuary, I do not believe a 44 percent increase is justified,” …
$66,500 The refund that an Indiana insurance agent Timothy Allen Craig will pay to poultry farmers in Mississippi under a settlement announced by Insurance Commissioner Mike Chaney. Chaney said the refund will go to 500 insured farmers for inspections of …
The Louisiana Supreme Court Weighs In Following Hurricane Katrina, many insurance agents and brokers were sued by customers who found they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims …
