July 2, 2009
Mark Haire, general counsel for the Mississippi Insurance Department (MID), has been named deputy commissioner by Insurance Commissioner Mike Chaney. Haire, a Mississippi native, is a graduate of Mississippi College and Mississippi College School of Law. He began his legal …
July 1, 2009
Atlanta-based commercial insurance brokerage and consulting firm Beecher Carlson has appointed Kevin Grady as managing director based in its Nashville, Tenn., office. Grady, who has 20 years of experience in analytics, will focus on the management of Beecher Carlson’s ZOOM …
July 1, 2009
TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its services to retail insurance agents in Mississippi. TAPCO is known for its unique service model that allows for coverage to be bound …
July 1, 2009
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 a total of $40 million for the …
June 29, 2009
A Jefferson County Circuit Court jury has ruled paint manufacturer Sherwin-Williams Co. was liable for the illnesses of a Mississippi boy who ate lead-contaminated paint chips. The jury awarded $7 million in damages in the lawsuit filed on behalf of …
June 24, 2009
Some Biloxi homeowners who use the wind pool for insurance may qualify for a 20 percent credit on their coverage. The wind pool — or Mississippi Windstorm Underwriting Association — is the insurer of last resort and offers insurance in …
June 24, 2009
Every insured homeowner in North Carolina could shoulder the cost of rebuilding if a massive hurricane hits under a deal taking shape in the Legislature. The legislation (HB1305), expected to be detailed in a House committee this Thursday, aims to …
June 22, 2009
U.S. states probing employee bonuses paid by American International Group Inc. using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves. Since March, a 19-state coalition has been investigating …
June 18, 2009
More than 40 earthquake recording stations will be placed around the state and in Iowa as part of a federal initiative overseen by Missouri University of Science and Technology. The seismic monitors join another 400 stations already in place across …
June 15, 2009
10% The increase in Atlanta’s homeowners insurance rates that is possible unless the city hires more firefighters and improves fire training. Georgia Insurance Commissioner John Oxendine said a report by Insurance Services Office (ISO) that found Atlanta’s public protection classification …