Mississippi News

Mississippi Grants to Help Homeowners Meet Flood Standard Reach $60M

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 …

Commissioner Reassures: Mississippi’s No Florida in Its Insurance Markets

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 …

Drunk Driver Victims Urge Mississippi to Expand Use of Ignition Locks

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 …

Court Finds Georgia Coaches Immune from Suit Over Player’s Death

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 …

Mississippi Scruggs-Katrina Suits Quietly Settled

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 …

It Figures

$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 …

Louisiana Ranks Highly in Highway Safety Report

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. …

New Markets

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 …

Scientist: Fault Puts East Arkansas at Earthquake Risk

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 …

Economic Downturn Driving More Motorists to Ranks of Uninsured

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 …