Mississippi News

Hurricanes May Snap Gulf of Mexico Pipelines, Study Says

Hurricanes could rupture underwater oil and natural gas pipelines in the Gulf of Mexico, which is already struggling with the worst oil spill in U.S. history, according to a new study by researchers at the U.S. Naval Research Laboratory in …

Smart Choice Agency Market Program Expands to 6 More States

The North Carolina-based Smart Choice Agents Program, which says it currently provides personal and commercial lines markets for some 3,000 independent agencies in 32 states, is expanding into six additional states. The program is moving into Arizona, Colorado, Nevada, New …

Road Hazard: 20% of U.S. Drivers Would Flunk If Given Driving Test

The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …

State Farm to Seek Home Insurance Rate Hike in Mississippi

State Farm will file a rate increase with Mississippi Insurance Commissioner Mike Chaney in the next few months. Company spokesman David Majors said that details are still being worked out. Last year, State Farm boosted rates by an average of …

Shareholders Sue BP, Allege Safety Failure Created Liability Exposure

Shareholders have sued the board of BP Plc for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of Mexico, according to court documents. A month ago a …

Tropical Storm Risk Forecasts Active 2010 Hurricane Season

Tropical Storm Risk (TSR) provides “real-time mapping and prediction of tropical cyclone wind fields worldwide.” The firm is co-sponsored by Aon Benfield, with RSA and Crawford & Company. It has just released a “pre-season outlook report to coincide with the …

Flood Insurance Rates Cut for Property Owners Affected By Remapping

Property owners across the country fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, …

Frustration Mounts as Oil Seeps into Louisiana’s Wetlands

Anger grew along the Gulf Coast as an ooze of oil washed into delicate coastal wetlands in Louisiana, with many wondering how to clean up the monthlong mess – especially now that BP’s latest try to plug the blown-out well …

Federal Aid for Mississippi Tornado Victims Tops $2.4 Million

Nearly one month after the April 23-24 tornadoes, federal disaster assistance provided to tornado survivors reached more than $2.4 million, according to the Mississippi Emergency Management Agency and the Federal Emergency Management Agency. More than 1,600 individuals, families and businesses …

Mississippi Home’s Concrete Structure Beats Winds, Cuts Insurance Cost

The Dubuisson home will resemble others in the traditional Pass Christian neighborhood when construction is complete this summer yet underneath will be a superstructure built to withstand 200 mile-per-hour winds and cut wind insurance premiums to $1,000 a year. The …