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Monthly Archives: October 2010

Eastover project set to go

Jackson developer hopes that his District at Eastover is soon a reality Ted Duckworth has spent the better part of three years working on the District at Eastover in Jackson. And he is as close as he ever been to concrete results. After negotiations with Secretary of State Delbert Hosemann over lease terms for the Old Blind School property stalled, ...

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PSC selects companies to perform electric utility audits

If the selected companies stick to their bids, Mississippi ratepayers should save money on audits of their public electric utilities this year. The Mississippi Public Service Commission has approved bids for the fiscal year 2010 audits of Mississippi Power Company and Entergy Mississippi that cumulatively total less than $1 million. Contracts have not been finalized. Last year’s audits cost more ...

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Insurance rates hinge on local standards

Economy could force changes in urban and rural fire operations Steps taken by Mississippi’s state government during the last 23 years are credited with keeping today’s home and business fire insurance rates stable. But budget problems in urban fire departments and manpower shortages in rural ones threaten the hard-won stability. As the recession lingers, localities having paid, or “career,” fire ...

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Trustmark reports strong 3Q earnings

Jackson-based regional bank says its capital strength gives it ‘offensive’ options Coming off the disappointment of losing the acquisition of Cadence Bank in early October, Trustmark Corp. got a lift last week with third quarter earnings that paid 40 cents per common share, two cents higher than the analysts’ consensus estimate. The quarter’s showing gives a green light to Jackson’s Trustmark ...

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Eminent domain appeal window unclear

On Oct. 22, Secretary of State Delbert Hosemann certified that Farm Bureau’s petition to eliminate the use of eminent domain for private development had enough signatures for the initiative to appear on the statewide ballot in 2011. Hosemann’s certification amounts to an administrative ruling, and if Mississippi’s rules for administrative appeals apply, any legal challenge to Farm Bureau’s initiative would ...

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Read their lips: No new taxes

Officials made feelings known in speeches at MEC’s annual event Mississippi’s statewide elected officials each spoke for about 10 minutes at last Thursday’s Hobnob. They all said pretty much the same thing: The state’s budget for fiscal year 2012 will be among the leanest the state has had in generations, and raising taxes on anything or anybody is no way ...

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St. Dominic partners with Wal-Mart to enter retail health market

The list of goods and services offered at the Walmart supercenter in Pearl is about to grow. On Nov. 8, Jackson-based St. Dominic Hospital will open The Clinic at Walmart, a primary care clinic that represents the hospital’s first foray into the retail health market. The clinic will provide a basic level of primary care and also help promote timely ...

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Morris has diverse talents

I am always amazed by people who seem to defy the bounds of time and develop multiple areas of mastery in life.  The Greek word for this is polymath, someone “who has learned much.”  We also call these people Renaissance men or women.  William H. (Bill) Morris Jr., founder of The William Morris Group, P.A., is certainly someone who has ...

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RAND proposals designed for new thinking on coastal storm insurance

Research organization sees lack of progress on Gulf Coast property insurance challenges,  details ideas for avoiding post-Katrina missteps The next time a strong hurricane or series of hurricanes hammer Mississippi’s coastal region as they did in 2004-2005, some changes in the structure of wind and flood insurance must be in place, says the RAND Corporation in an in-depth study funded ...

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Planters Bank adds loan representatives

Planters Bank is pleased to announce Dustin Sullivan as the new loan representative for the Greenwood branch. Sullivan is a native of Greenwood, and he is a graduate of Delta State University. He previously worked with Cannon Motor Company in Greenwood. Sullivan and his wife, Marley, are members of North Greenwood Baptist Church. In a separate item, Planters Bank is ...

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