Mississippi News

Montgomery Insurance Names Mississippi Territory Manager

Charlotte, N.C.-based Montgomery Insurance, a Liberty Mutual Agency Markets regional company, appointed James Woodall as territory manager for Mississippi. Woodall will manage existing agency relationships and identify prospects for agency plant expansion and new business premium growth in Mississippi. He …

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

2008 Catastrophe Losses Already Exceed 2007; On Track to Pass 2006

A large number of exteme weather events pummeled the United States in the first half of the year, and worldwide 2008 may go down in history as a year with one of the highest number of natural catastrophe victims, according …

Mississippi Highway Patrol Tickets 5,000, Arrests 40 over Holiday

The Mississippi Highway Safety Patrol says it issued more than 5,000 tickets over the Fourth of July weekend. The counting period began at 6 p.m. July 3 and ended late July 6. The tickets issued include: 134 for driving under …

USDA Mulls Options on Midwest Flood Aid

The U.S. Agriculture Department (USDA) will look “at everything possible” to aid Midwest farmers hurt by the worst flooding in more than 15 years, Agriculture Secretary Ed Schafer said in late June. Agricultural losses in Iowa may be “in the …

Iowa Agents in Flooded Areas Meet the Challenges

Well Thought Out Disaster Plans Make the Difference Midwest agents with offices located in flooded areas are facing the challenge of “staying afloat,” so to speak, during the devastation of what some have called the 500-year flood event. Iowa has …

Fraud Roundup

High Profile Attorney Scruggs Sentenced to 5 Years A high-profile Mississippi lawyer, who became unpopular on Wall Street for battling powerful companies, was sentenced to five years in prison after pleading guilty to conspiring to bribe a judge. Richard “Dickie” …

It Figures

14,500 Dog bites now account for one-third of all homeowners insurance liability claims, costing $356.2 million in 2007, up 10.5 percent from the previous year, according to the Insurance Information Institute (I.I.I.). An analysis of homeowners insurance data by the …

McCain, Southeast Governors Split Over National Disaster Fund

Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a …

Declarations

Picking Up Non-Renewals “I feel confident that the people on the Gulf Coast that have been canceled by State Farm will be able to buy insurance from Allstate and Nationwide and others that I have not announced.” —Mississippi Insurance Commissioner …