Mississippi News

Insurers, Agents Urge Coastal Wind Policy from Texas to Maine

Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …

Mississippi Insurance Department Set to Release State Farm Review

Mississippi’s insurance commissioner says a long-awaited review of State Farm’s handling of insurance claims after Hurricane Katrina is nearly complete. Commissioner Mike Chaney said Aug. 1 that he plans to release the department’s market-conduct exam of State Farm in late …

People

Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. In his new role as regional president, Meholic will be accountable for the direction, management and performance of the Richmond region, which encompasses …

Former Mississippi Lawyer Scruggs to Begin Prison Term in Kentucky

Not so long ago, former Mississippi-based Richard “Dickie” Scruggs was one of the most powerful civil lawsuit attorneys in the country. In prison, he will be inmate No. 12734-042. Scruggs, 62, must report to a federal prison in Kentucky by …

Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy

Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …

Agents Weigh Independence, Commissions, Markets When Choosing Agency Networks

Rising Costs, Soft Market Cause Agents to Consider Network Options Maintaining their independence while gaining access to resources and markets are what independent agents consider when deciding whether to join an insurance agency network and which one to join. The …

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. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …

Lawyer Suggests Scruggs got Witness Help from Former Mississippi Senator

An insurance company’s attorney suggested during a sworn deposition that former Mississippi U.S. Sen. Trent Lott urged witnesses to give false information in a Hurricane Katrina lawsuit, according to court records. The implication was made last week during a deposition …

Independent Insurance Agents of Mississippi Names New President

The Independent Insurance Agents of Mississippi elected Angelyn Treutel of Treutel Insurance Agency in Bay St. Louis president at their 110th Annual Convention in Destin, Florida. Treutel’s election follows an active involvement with the association that includes serving as president-Elect, …

Community Financial Insurance Adds Credo as Senior VP

Community Financial Insurance Center, Monroe, La., hired Jeanette F. Credo as senior vice president for its new Financial Institutions Division for the states of Louisiana, Alabama and Mississippi. Credo will establish and manage a Baton Rouge-based office, which will be …