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Monthly Archives: June 2012

State receives premium taxes from AIG settlement

JACKSON — The Mississippi Insurance Department has transferred $332,676 to the Mississippi Department of Revenue from premium taxes recently recovered during the settlement of a multi-state probe into American International Group’s (AIG’s) workers’ compensation insurance affiliates. The state of Mississippi received just under $1 million from the settlement earlier this spring. The monies are a result of a 2010 settlement ...

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Snopek suing St. Dominic over plans for new sports complex

MADISON — St. Dominic Health Services is preparing to start construction on a sports complex in Madison as it deals with a legal dispute involving a former partner. Chris Snopek, owner of Performance Sports Academy, alleges in a lawsuit that he shared his confidential thoughts, preliminary design and plans with St. Dominic over a project involving the same land. The ...

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Coast shipyard changes name to TY Offshore

GULFPORT — Trinity Offshore is now called TY Offshore. “The purpose of this is that there appeared to be some confusion in the vessel market over whether we were part of Trinity Industries out of Dallas. We felt that it was time to take ‘Trinity’ out of the name,” president and CEO John Dane III told the Mississippi Press. The ...

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Supervisors looking for consultant to assist in sale of hospital

OKTIBBEHA COUNTY — Supervisors are seeking proposals from consulting companies to evaluate Oktibbeha County Hospital, one of the steps required in a sale of the county-owned medical center. This week’s decision only authorizes advertisements to seek such proposals and does not approve the analysis itself. Such an analysis would look at the financial impact of leasing or selling the hospital. ...

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Officials: Katrina recovery-funded infrastructure will be used

JACKSON COUNTY — The Jackson County Utility Authority has spent its Hurricane Katrina recovery project funds on water and wastewater projects that will be well utilized across the county, leaders say. An Associated Press investigation revealed that the Harrison County Utility Authority used millions of dollars to build sewage plants that are underused or sitting completely idle. That’s not a ...

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Processors 'condemn' U.S. companies for allegedly mislabeling shrimp

BILOXI — The American Shrimp Processors Association (ASPA) has released a statement regarding reports that two U.S. companies have been packaging and selling shrimp as domestic-raised when the shrimp were actually imported. The ASPA said news media recently reported several plea agreements regarding alleged Lacey Act violations involving an Illinois wholesale company and a Louisiana processing company that allegedly mislabeled ...

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FNC index shows U.S. home prices continue to rise

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the second month in April — evidence that home prices are strengthening as rising demand and limited inventory continue to characterize many U.S. markets. Nationwide, April home prices — based on recorded sales transactions in the 100 largest metropolitan areas — rose 0.6 ...

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Special judge appointed to hear mayor's bus-passing case

SOUTHAVEN — A special judge has been named in Southaven Mayor Greg Davis’ misdemeanor traffic case, but no prosecutor or court date have been set. DeSoto County Justice Court Clerk Shirley Beshears tells The Commercial Appeal Tallahatchie County Justice Court Judge Steve Ross has been appointed to hear the case. A special judge and prosecutor are being appointed because all ...

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Schools to dip into reserves; won't request tax increase

HATTIESBURG — The Forrest County School District will not request a millage increase for 2012-13, but will instead use money from its reserve fund to pay for extra expenses in its budget. The Hattiesburg American reports the school district’s budget for the upcoming school year is $24.9 million, up from last year’s budget of $23.9 million. The district has 2,300 ...

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All American Checking enters Louisiana with acquisition

MADISON — All American Check Cashing has expanded operations into Louisiana with the opening of its Slidell, La., location. The retail store marks the company’s first operations outside of Mississippi and is part of its major expansion plan for 2012. Michael Gray, president of All American, said, “We believe that Louisiana fits well within our footprint with several other retail ...

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