Mississippi News

Mississippi Insurance Chief Chaney Reports Progress in Rebuilding Markets

One year after he was elected, Mississippi Insurance Commissioner Mike Chaney says his state has made progress in rebuilding its insurance markets that were ruined by the 2005 hurricanes. Mississippi has done this by modernizing its wind pool, emphasizing building …

Central Texas-Based MGA Adds Great American Markets

TAGA, an independent privately-owned managing general agency based in the Austin, Texas, area, announced it is now managing general agent for Great American Insurance Group to offer admitted property and inland marine markets. Great American Insurance Group is rated A …

Mississippi University Opens Natural Disaster Study Center

Officials at Jackson State University in Mississippi have opened a Department of Homeland Security research facility. A ribbon-cutting ceremony was held recently for the Center of Excellence for the Study of Natural Disasters, Coastal Infrastructure and Emergency Management. The center …

Madrid Zone Earthquake Study a Wake-Up Call for Tennessee, Other States

A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the highest level of damage if there is a 7.7 magnitude earthquake. The study notes that the total economic impact of a series of NMSZ earthquakes …

Declarations

Taking Care “At the end of the day, we’re going to make sure everyone is taken care of.” โ€”North Carolina Gov. Mike Easley upon touring Johnston and Wilson counties after a weekend tornado killed two people and damaged or destroyed …

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. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Safeco, Montgomery Insurance Unveil Southeast Regional Operations

The effects on the Southeast of Liberty Mutual’s acquisition of Safeco Insurance became clearer as the insurer announced its regional line-up of companies and personnel. Montgomery Insurance and Safeco are part of Liberty Mutual Agency Markets, Liberty Mutual Group’s unit …

Study: Barges Source of Volatile Organic Compounds in Miss. River

Preliminary results of a new study by a Louisiana state agency show Mississippi River barges could be a major source of ozone-causing volatile organic compounds. The Louisiana Department of Environmental Quality recently presented some of the findings in the study …

Study Shows Tennessee Would Lose Most People, Buildings from Earthquake

A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the highest level of damage if there is a 7.7 magnitude earthquake. The Federal Emergency Management Agency released the two-year study as part of the Catastrophic …

Successive Hurricanes: Potential Windfall for Insureds?

The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana coast on inland, although not to …