Catastrophe modeling firm AIR Worldwide estimates that insured losses from Hurricane Isaac to onshore properties in the U.S. will be between $700 million and $2 billion. AIR estimates include wind and storm surge damage to onshore residential, commercial and industrial …
A tow truck driver was killed Thursday morning in Pearl River County when a tree fell on his truck, the first death in Mississippi from Isaac. The death of the unidentified driver on a Picayune, Miss., street came during heavy …
Mississippi Commissioner of Insurance Mike Chaney issued a statement urging coastal homeowners to take steps to protect their homes until the danger of Hurricane Isaac has passed.The commissioner advised homeowners that they should carry with them a home inventory when …
Mississippi residents along the state’s coastline who are building new homes or chose to strengthen their current homes against hurricane damage can now qualify for premium credits from their property insurer. Under a new law that took effect last month, …
A bill that would allow golf carts on the streets of Diamondhead has been sent to Mississippi Gov. Phil Bryant, who has until today, May 3, to act on the bill. The Sea Coast Echo reported that House Bill 1670 …
San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …
The Mississippi Senate has given final legislative approval to a bill to allow local governments to enforce federal floodplains codes at hunting and fishing camps and remain in the National Flood Insurance Program. The bill now goes to the governor. …
It’s possible that driving with a cell phone may be an advantage. A California legislator’s bill to enable auto insurance policyholders to issue proof of coverage verification via a mobile electronic device, such as a smartphone, is among several similar …
A federal judge has put on hold portions of a Mississippi lawsuit against Obama administration’s health care law. U.S. District Judge Keith Starrett, in a ruling issued Nov. 23, stayed consideration of parts of the April 2010 lawsuit not involving …
Insurance Commissioner Mike Chaney won re-election in Tuesday’s voting in Mississippi. Chaney, a Republican from Vicksburg, defeated Democrat Louis Fondren of Gautier and Reform Party candidate Barbara Dale Washer of Hattiesburg. Chaney, 67, was first elected commissioner in 2007. He’d …
