Mississippi Archives

Sep10
Oyster Harvesters Looking Into Crop Insurance
Oyster Harvesters in Louisiana are looking for ways to protect their business by “asking for federal approval of a crop insurance plan for their business” according to insurancejournal.com.  A measly $100 could possibly get oyster harvesters catastrophic coverage according to...
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Jul31
Mississippi Insurance Commissioner Approves 90% Rate Increase
George Dale, the Mississippi Insurance Commissioner, approved a 90 percent rate increase for homeowners’ policies provided by the Mississippi Windstorm Underwriting Association according to insurancejournal.com.  The association is commonly referred to as the wind pool.The wind pool initially requested a... Continue Reading
Jul 6
Biloxi, Mississippi Mayor In The Market For New Insurance Policy
The mayor of Biloxi, Mississippi A.J. Holloway is looking for a new insurance policy for the city according to insurancejournal.com.  In a stroke of prescient decision making a business interruption policy was taken out on the city two months before... Continue Reading
Jul 1
Mississippi Increases Insurance Values For Homeowner Grant Amounts
Post-Katrina construction costs have risen but recent news from insurancejournal.com reports an “increase by 35 percent insurance values used in calculating homeowner grant amounts.”  This change is in light of the realization by officials of the Mississippi Development Authority that... Continue Reading
Jun19
Mississippi Claims For Hurricane Katrina And Rita Total $10 Billion
In a press release on the Mississippi Insurance Department website Commissioner of Insurance George Dale states an astronomical number for Hurricane Katrina and Rita related claims.  Over $10 billion in hurricane related claims have been paid out as of June... Continue Reading
Jun 5
Claims Payments In Mississippi Highest In History
Mississippi set a record with more than $5 million worth of payment from 3,600 plus claims according to insurancejournal.com.  These claims were paid out between Jan 1 and April 30 of this year and constitue the largest property and casualty... Continue Reading
 


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