January 28, 2009
The Mississippi Development Authority says federal grants to help coast homeowners meet new post-Katrina flood standards are nearing $60 million. MDA’s Elevation Grant Program is scheduled to complete all applicant award determinations by late March. MDA disaster recovery official Jon …
January 28, 2009
Commissioner of Insurance Mike Chaney moved to quickly to reassure state leaders and policyholders that no big insurance companies are leaving Mississippi. Chaney issued a statement after the announcement by State Farm that it is withdrawing from the Florida property …
January 26, 2009
Nearly 21 years after a drunken driver plowed into her family’s Honda Civic and killed her parents and sister, Jennifer Sholar said certain sights and sounds still give her vivid flashbacks of the collision. “Ambulances still freak me out when …
January 26, 2009
Three suburban Atlanta football coaches cannot be sued for alleged violations of the constitutional rights of a 15-year-old who died after a preseason practice in the summer of 2006, a federal appeals court ruled last Friday. A three-judge panel of …
January 25, 2009
Dozens of Hurricane Katrina-related lawsuits filed by Richard “Dickie” Scruggs for policyholders against State Farm Fire and Casualty Co. have been settled. Terms of the settlements are confidential. Officials with Bloomington, Ill.-based State Farm said the company is pleased it …
January 25, 2009
$7 Million The monetary award upheld by a Florida appellate court against a Tallahassee day care center for the parents of a 7-month-old toddler found with bites, bruises and swelling across her body. State investigators reported a “gross lack of …
January 25, 2009
A report recently released by the Washington, D.C.-based Advocates for Highway and Auto Safety included Louisiana in list of 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. …
January 25, 2009
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. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …
January 23, 2009
A previously unknown fault in eastern Arkansas could trigger a magnitude 7 earthquake in the cotton fields of the upper South with an epicenter near a natural gas pipeline, a scientist said. Haydar Al-Shukri, the director of the Arkansas Earthquake …
January 21, 2009
Approximately one in six drivers across the U.S. may be driving uninsured by 2010, according to a recent study from Insurance Research Council (IRC). Although the estimated percentage of uninsured motorists decreased nationally, from 14.9 percent in 2003 to 13.8 …