April 29, 2010
A newly-formed Mississippi company with backing from a Florida insurer and local private investors including six independent agencies will begin writing homeowners policies on the coast in Mississippi. Gulfport-based Coastal American Insurance Co. says it will specialize in homeowners insurance …
April 28, 2010
Mississippi’s top insurance official said the devastation caused by last Saturday’s storm would be “significant” after viewing the destruction on the ground and by helicopter. “It’s pretty bad,” Insurance Commissioner Mike Chaney said after touring damage in Yazoo County. He …
April 27, 2010
Tornadoes that killed 10 people in Mississippi destroyed at least 700 homes and did tens of millions of dollars in damage, state authorities said Monday. Homeowners and local authorities began a clean-up operation in some of the state’s central counties …
April 27, 2010
Violent thunderstorms packing winds up to 90 miles per hour struck a six-county area southeast of Dallas early on April 24 causing thousands of windstorm claims, the Insurance Council of Texas reports. One fatality occurred in Van Zandt County from …
April 26, 2010
Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …
April 26, 2010
Dozens of tornadoes left a path of destruction more than 50 miles long throughout the southern U.S.—including Alabama, Arkansas, Georgia, Louisiana, Mississippi and Tennessee—over the weekend. Ten people were killed in Mississippi. According to catastrophe risk modeling firm AIR Worldwide, …
April 21, 2010
Up to a dozen crew members were missing and at least seven were critically injured after an explosion and fire late on April 20 hit a Transocean drilling rig that was working off the Louisiana coast, the U.S. Coast Guard …
April 20, 2010
A bill passed by the Louisiana House to limit the liability of float-builders would damage future attempts for float riders or watchers to sue when parade festivities hurt or kill someone, says a man whose brother died in a float …
April 19, 2010
Two years ago, Larry Frese thought he’d escaped the worst of a flood that had left a lot of his neighbors’ homes in Chelsea, Iowa, and a large swath of the state underwater, even as overflowing Otter Creek lapped at …
April 19, 2010
Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …