Mississippi News

Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture

Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it harder to get loans to …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

Texas Supreme Court Revisits Workplace Injury Case

The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t sue the company that owns the …

Six Independent Agencies Named as Best Practices Top Performers

Reagan Consulting and the Independent Insurance Agents & Brokers of America (Big “I”) announced the Best Practices Agencies for 2008-2009. A total of 189 agencies from around the country maintained their Best Practices status this year, and one from each …

US Credit Crisis Threatens New Orleans’ Recovery

A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating road work, new construction and repairs to homes and businesses that have stood empty since 2005. The city’s infrastructure plans …

Update: Mississippi Firm, Workers Spar in Court over Injuries

Franklin Corp. asked the Mississippi Supreme Court to overturn a multimillion-dollar verdict on grounds that the furniture manufacturer did not intend for harm to come to four workers when the company started using a new glue. The verdict came in …

Mississippi Insurance Agent Claims Sentence too Harsh

A federal appeals court in Mississippi rejected Ecru insurance agent Ken Nowlin’s claim that his 30-month sentence for his role in a kickback scheme was too harsh. Nowlin was sentenced in February. He pleaded guilty to conspiracy charges related to …

Correction: In the Aug. 4, 2008, issue of Insurance Journal, an article titled “Agents Weigh Independence, Commissions, Markets When Choosing Agency” on page N10 incorrectly stated that ARM International is owned by Arthur J. Gallagher. ARM International is owned by …

Atlanta Based AssuranceAmerica Makes Organizational Changes

Atlanta-based AssuranceAmerica Corp. made several organizational changes effective Oct. 3. The company promoted Joseph J. Skruck, 44, to president and chief operating officer. Skruck was responsible for the company’s insurance company and related operations since 2002. In addition, Lawrence “Bud” …

Declarations

Federal vs. stateโ€”AIG “This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding company under the jurisdiction of a federal …