A federal appeals court upheld the dismissal of Allstate Corp. and State Farm Fire and Casualty Co. from a lawsuit accusing them of overbilling the U.S. government for flood damage in Louisiana related to the 2005 storm Hurricane Katrina. Wednesday’s …
More than a third of Arkansas’ 75 counties have been declared eligible for federal public assistance after last month’s ice storm. The Public Assistance Program reimburses local governments, state agencies and certain private nonprofit organizations 75 percent of their costs …
A bill that cleared the Mississippi Senate on Friday would make it more difficult to file a negligence lawsuit. Under the bill, an expert’s statement of merit would have to be included in any complaint alleging professional negligence. The statement …
Lockton Dunning Benefits recently added Vice President and Producer Kyle Bailey to its benefits team in Dallas, Texas. With more than 12 years of broad industry experience, Bailey focuses primarily on mid-market, multi-state employers, working with groups ranging in size …
Buffalo, N.Y.-based Merchants National Insurance Company, a wholly-owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb. 1, 2009. The company reported as of that date it has been approved in 10 states. The …
Mississippi Insurance Commissioner Mike Chaney has upheld the efforts of the state’s wind insurance pool to collect millions of dollars in past assessments from six insurance companies. The insurers had claimed that the Mississippi Windpool Underwriting Association was wrong to …
Insurers such as Zurich and Farmers have announced they are sending catastrophe response teams to Arkansas, Oklahoma and Texas, areas pummeled by severe weather earlier this week. Especially hard hit by a cluster of tornados on Feb. 10 was Lone …
A federal judge in New Orleans has scheduled the first four trials for a batch of lawsuits filed on behalf of hurricane victims who claim they were exposed to potentially toxic fumes while living in government-issued trailers. An order issued …
Disbarred attorney Richard “Dickie” Scruggs, who is serving a five-year prison sentence in a high profile judicial bribery conspiracy, is scheduled to appear in federal court in Mississippi Tuesday. Scruggs was one of the most powerful civil attorneys in the …
Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent. Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look to wholesalers and managing general agencies …
