February 21, 2010
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” …
February 19, 2010
A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest court has ruled. The insurer had argued that there was no coverage …
February 18, 2010
With the potential for serious flooding in the Red River, Minnesota and possibly Mississippi river valleys this spring, Governor Pawlenty is reminding insurance agents to talk with their homeowners customers about optional flood insurance before the snowmelt and spring rains. …
February 12, 2010
Cigarette lighters that look like toys would be banned, under a proposal that’s advancing in the Mississippi Legislature. The House passed a bill, 94-25, this week to prohibit the sale of novelty lighters. Mississippi firefighters and state Insurance Commissioner Mike …
February 10, 2010
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
February 10, 2010
Mississippi officials have charged a Vicksburg man with arson involving 10 buildings and two vehicles. A joint investigation between the Mississippi State Fire Marshal’s Office, the Vicksburg Fire Department and the Vicksburg Police Department led to the arson arrest of …
February 8, 2010
Crime prevention takes more than the work of law enforcement officers. Mississippi citizens are also doing their part through a program called Crime Stoppers. The Golden Triangle Crime Stoppers has been in existence since 1991. It serves six counties — …
February 8, 2010
The Main Street America Group reported its 2009 financial results that included a 1.3 percent increase in net premium to $815 million, an 18.2 percent return on equity, and a 97.4 combined ratio for the year ended Dec. 31, 2009. …
February 7, 2010
$35,200 The reduced fine issued to Walt Disney World by OSHA for a serious violation that contributed to the death of a 21-year old worker during a summer monorail accident last July. 11.7% The latest rate increase on homeowners policies …
February 7, 2010
Community Fixture “He’s sort of a fixture for our community. I wish there were more like him.” —Hal Reese, a Calhoun City insurance agent who’s known Mississippi Judge Henry Lackey since childhood. Outside Mississippi’s 3rd Judicial District, Henry Lackey is …