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Daily Archives: July 22, 2011

Jackson councilman pushes insurance requirement for convenience stores that sell alcoholic beverages

The liability insurance Jackson City Councilman Kenneth Stokes wants to require of convenience stores in the city that sell alcoholic beverages may make the premises safer from mishaps such as slip-and-falls. But don’t look for it to lessen the likelihood of violent incidents – or to even cover customers injured by violence, insurance professionals say. Ward 3’s Stokes has proposed ...

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Contaminated money

Mississippi rice farmers can start lining up for money from a recent $750-million, multi-state settlement with Bayer CropScience involving the accidental release of genetically modified rice in the U.S. food chain that negatively impacted sales to foreign markets. But while the settlement is welcome relief, some rice producers are expressing regret that the case ever went to trial and the ...

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Private nonprofits in line for SBA disaster loans

ACROSS MISSISSIPPI — The U.S. Small Business Administration announced that certain private non-profit organizations (PNPs) that provide non-critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans. These loans are available in Adams, Bolivar, Claiborne, Coahoma, Humphreys, Issaquena, Jefferson, Sharkey, Tunica, Warren, Washington, Wilkinson and Yazoo counties in Mississippi following a Presidential disaster declaration ...

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Hancock Holding sees post-merger earnings increase

GULFPORT — Hancock Holding Co. posted an 86 percent boost in second-quarter earnings as its June 4 acquisition of banking rival Whitney Holding Corp. kicked in, the company reported yesterday. For the three months ending June 30, Hancock earned $12.1 million, or 22 cents per share, compared with year-ago earnings of $6.5 million, or 17 cents per share. Hancock said ...

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Judge to hear proposed settlement of Big Bay dam lawsuit

HATTIESBURG — A judge has scheduled a hearing today in Hattiesburg to discuss a proposal for division of a $1-million settlement reached in a lawsuit stemming from the 2004 collapse of Big Bay Lake Dam. The Hattiesburg American reports Circuit Judge Tony Mozingo will hear from a court-appointed “special master” charged with recommending how to split the money among 105 ...

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Waterfront property owners suing city, secretary of state

A handful of downtown Bay St. Louis waterfront owners have been at odds with the city and the state over the future use of their properties virtually since Hurricane Katrina. Plans to widen Beach Boulevard and build a downtown harbor, they said, could infringe on their property rights. A Bay St. Louis family recently filed suit against the city and ...

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