Mississippi News

Mississippi Hospitals Receive Funds from Insolvent HMO

Mississippi Commissioner of Insurance Mike Chaney has delivered two checks totaling over half a million dollars to two Gulf Coast hospitals. The funds, delivered to the chief executive officers of Singing River Hospital and Gulfport Memorial Hospital, are part of …

Mississippi Grants $1 Million for Wind Mitigation Study

The Mississippi Insurance Department’s wind mitigation program has been awarded a $1 million grant from the Mississippi Development Authority and Governor Haley Barbour’s office. Insurance Commissioner Mike Chaney said the grant will be used to fund a hurricane home mitigation …

Former Mississippi Sen. Lott Implicated in Lawsuit Against Scruggs

An Alabama attorney has filed a federal lawsuit against imprisoned attorney Richard “Dickie” Scruggs and several others, alleging they conspired with a former U.S. senator to bribe a state court judge and defraud him of millions in legal fees. The …

Mississippi Firm Fined for Trench Collapse That Killed 3 Workers

A Mississippi company cited for safety violations in the death of three workers when a trench collapsed in March has agreed to pay a $39,500 fine. American Air Specialists Inc. of Hattiesburg was cited by the federal Occupational Safety and …

Mississippi Katrina Suits Filed by Scruggs Against State Farm 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 say the company is pleased it …

Lawyers Hope to Fix Catastrophe- Related Insurance Problems

The nation’s lawyers who deal with insurance issues are developing policy recommendations designed to improve access to insurance coverage, reduce litigation over coverage and mitigate future losses involving natural catastrophes. Insurance lawyers of the American Bar Association (ABA) see inadequate …

La. Ranks High For Safe Driving Laws, Other S.C. States, not so Much

A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto Safety, …

Oregon Nursery Damage Put at $18 Million to $31 Million

Damage estimates to Oregon’s nursery stock industry from late December storms suffered by 160 growers in 12 counties range from $18 million to $31 million in a survey conducted by the Oregon Association of Nurseries. “It’s now clear that damage …

It Figures

1,000 The number of losing policies that West Virginia workers’ compensation writer BrickStreet Insurance plans to drop in 2009. The insurer calls these contracts the worst of the worst as they brought in $66 million in claims against only about …

Business Moves

Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1, Alexander & Bolton Brown & Brown Inc. …