Mississippi News

State Farm Follows ‘Lose-One, Write-One’ Policy in Mississippi

State Farm gave consumers one part of its policy change when it announced eight months ago it would resume issuing insurance policies in Mississippi. What the company didn’t say is it is writing policies on a lose-one, write-one basis. So …

Mississippi Town Limits Funeral Processions to 5 Cars

Funeral processions are a time-honored tradition in the South, but the customary show of respect is dying in some cities. In Mississippi, the Gulfport Police Department recently decided to limit funeral processions to five cars, a move that has upset …

Missouri Governor: State Must Be Ready for Big Quake

Most experts believe it’s just a matter of time before another big earthquake strikes along the New Madrid fault line, and Gov. Jay Nixon says Missouri and neighboring states need to be ready. Nixon on Feb. 19 convened a panel …

Fremont Insurance Expands Yacht Policy Navigation Coverage

Fremont Insurance, a Michigan-based property and casualty insurance carrier, has unveiled new enhancements to the company’s yacht policy, which allows policyholders the ability to travel anywhere in North America without loss of coverage or travel endorsements. Fremont Insurance has expanded …

It Figures

$12 Million The verdict, recently overturned by a Florida appeals court, against a Miami high school previously found liable for the injuries of a student who survived a drunken driving crash. In 2008, a Miami-Dade jury found the Archbishop Coleman …

Figures

$25 Million Record snowfall beginning Feb. 11 in the Dallas/Fort Worth area resulted in insured losses of $25 million, the Insurance Council of Texas reported. An estimated 4,200 claims came from auto, residential and commercial property owners. The average claim …

Global Warming Litigation Just Getting Started

Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …

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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Global Warming Litigation

Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …

One Person’s View: 7 Wonders of P/C Insurance History

What events have shaped the modern insurance landscape? Which ideas, innovations and accidents stand out as landmarks in the development and growth of this most important industry known as insurance? Following is one person’s opinion of the seven wonders of …