Mississippi News

Mississippi Counties Oppose New Flood Insurance Maps

Two counties in the northeastern part of Mississippi are fighting flood zone designations on new maps that are part of a modernization program spearheaded by the Mississippi Emergency Management Agency. Officials in Itawamba and Monroe counties say the flood zone …

Mississippi Lawmakers Pass School Bus Safety Bills

The Mississippi Senate has unanimously passed a bill designed to improve safety on school buses and on campuses during pick-up and drop-off times. It says striking a child with a vehicle after passing a school bus would be felony with …

Mississippi Fire Deaths Totaled 80 in 2010

Fire deaths in Mississippi totaled 80 in 2010, according to the state fire marshal’s office. Chief Deputy Fire Marshal Ricky Davis tells The Clarion-Ledger that his office investigated 69 of the fatal blazes. Davis says the 2009 totals were higher …

House Lets Stand Mississippi Gov. Barbour’s Veto of Windpool Funds

The Mississippi House has failed to override a governor’s veto of legislation that would have placed a $20 million subsidy into a state wind pool insurance fund. The vote was 68-52 in favor of an override, but at least 80 …

Consensus: Consumer Education Needed to Reduce Disaster Losses

With more than 50 percent of the country’s population living in coastal counties, there is an urgent and extensive need to convince consumers to adopt a long-term view of catastrophic risk. That is the conclusion of a symposium organized by …

Iowa to Allow Broad Public Access to Wellmark Rate Increase Hearing

Iowa’s Insurance Commissioner Susan Voss announced that she has made arrangements for unprecedented access to a Jan. 6, 2011, hearing that will be held at the Iowa Insurance Division, 330 Maple Street, Des Moines, Iowa. The topic of the hearing …

Best Affirms Mitsui Sumitomo Insurance ‘A+ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI), as well as the FSR of ‘A+’ (Superior) and ICR of “aa” …

Louisiana’s Stonetrust Commercial Insurance Adds 3 to Management Team

Stonetrust Commercial Insurance Co., a Louisiana-based workers’ compensation insurer, has added the following individuals to its management team: Dave Lorino has been named vice president of Claims for Stonetrust. Lorino, who has 24 years of claims experience, was most recently …

Missouri Bank Sues Over Hacker

A Springfield, Missouri escrow company has filed a lawsuit against BancorpSouth Bank, accusing the bank of failing to prevent a hacker from stealing $440,000 from the escrow company. Jim Payne, owner of Choice Escrow and Land Title, told The Springfield …

BP Oil Spill Fund Pays $43 Million in ‘Quick Pay’ Claims

The administrator of BP Plc’s $20 billion compensation fund has paid $43 million to residents of the U.S Gulf Coast who agree not to sue the company for damages stemming from the nation’s worst offshore oil spill. The spill closed …