It all changed with Katrina

by

Published: June 20,2014

Tags: Business, education, Hurricane Katrina, insurance, Mississippi

The first Mississippi coastal wind residual market was created by the Legislature in 1972 stemming from a lack of voluntary market options partially as a result of Hurricane Camille losses incurred in 1969.  The first version covered both fire and wind/hail perils, but the plan was amended in 1987 to include wind and hail only […]

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