A Mississippi convenience store owner who shot and killed a robber cannot seek coverage under his general liability policy for a wrongful death suit brought the victim’s survivors, a federal court has ruled. The suit stems from an incident in …
Jacksonville, Florida-based medical liability insurer FPIC Insurance Group Inc. will acquire Advocate, MD Financial Group Inc. of Austin, Texas for $33.6 million. The deal includes additional considerations of up to $12 million based on Advocate, MD’s future financial performance. Advocate, …
Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts remain flooded (pun intended) with lawsuits between insurers …
Allstate Insurance will close its Mississippi phone-claims center by Oct. 30, eliminating 63 local jobs. The claims center in Ridgeland has been in operation for about 30 years. Allstate spokesman Mike Siemienas says 33 positions will be moved centers in …
A judge has awarded $749,000 to the estate of a World War II veteran who lost much of his vision during a surgery at the U.S. Department of Veterans Affairs medical facility in Jackson, Mississippi. Charles West died May 8, …
As the fourth anniversary of Hurricane Katrina nears, four new reports by Congress’ investigative arm have found a wide range of problems with the federal government’s handling of the storm’s aftermath. The Government Accountability Office reports were a reminder that …
Governors attending their national convention in Biloxi on Mississippi’s Gulf Coast have seen signs of Hurricane Katrina recovery — glitzy casinos packed with tourists, new condominium towers rising along the beach, the major expansion of a bustling state port. However, …
This month marks the four-year anniversary of Hurricane Dennis, a Category 3 storm that slammed into the panhandle of Florida with sustained winds of 120 m.p.h. While Dennis inflicted more than $2.2 billion in damage in 2005 in what was …
Mississippi Gov. Haley Barbour has signed legislation to help control insurance costs for coastal property owners. Business supporters of the bill contend it will also serve as an economic stimulus. The bill appropriates $40 million for the state run windpool …
Hurricane Katrina brought the question of the validity and applicability of ACCs to the forefront. Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost …
