With hurricane season’s official start less than a month away, 5,000 Mississippi homeowners face the prospect of losing their Allstate home insurance coverage. But state polices adopted after Katrina in 2005 should go a long way toward ensuring the homeowners can find policies elsewhere, say Professor Larry Cox of the University of Mississippi and Matt [...] [...]
Two senate bills that would have required nursing homes in Mississippi to carry a minimum amount of $500,000 in liability insurance died at the committee deadline last week. Senate Bill 2062 was double-referred to the Senate Insurance Committee and to the Public Health and Welfare Committee. SB 2248 went to Public Health and Welfare and [...] [...]
Mississippi has a wealth of festivals in every nook and cranny of the state. But, do these myriad festivals which showcase our history, culture, heritage and people bring any wealth to the communities that host them? There seems to be no central clearing house tracking the economic impact of festivals. Dr. Bob Neal, senior economist [...] [...]
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NEW YORK (AP) – Stocks are trading in a tight range after a disappointing report on the jobs market is renewing concern about the health of the economy. But traders also see the report as adding to the likelihood the Federal Reserve will take action to further stimulate the economy. Such a move by the [...] [...]
It has been over a year since the debut of the Obama administration’s $787-billion stimulus program. More than $36 billion in stimulus money has been spent so far on highways, bridges and transit systems. So what have Americans gotten for their money? Not enough, according to contractors and representatives in the construction industry. Though the [...] [...]
In his shirt sleeves and a pair of jeans, Michael Jungsvig looked comfortable and relaxed on a picture-perfect spring day in Gluckstadt. Every question brought a smile and an easy answer, a seemingly amazing feat considering he was stranded a half-world-away from home with little certainty when he could return. Obviously, conquering the United States [...] [...]
NEW ORLEANS (AP) — A deepwater oil platform that burned for more than a day after a massive explosion sank into the Gulf of Mexico on Thursday, creating the potential for a major spill as it underscored the slim chances that the 11 workers still missing survived. The sinking of the Deepwater Horizon, which burned [...] [...]
Seven Jackson area hospitals are urging the attorney general to withdraw its February opinion exempting University of Mississippi Medical Center (UMMC) from state Certificate of Need (CON) law. CON approval is required for the purchase of major medical equipment and hospital expansions. The CON process is designed to help ensure the economic stability of community [...] [...]
WASHINGTON — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) said serious concerns are raised about the Senate healthcare reform bill in a new independent analysis that indicates the legislation would fail to contain healthcare costs and could result in healthcare shortages for many Americans. The Centers for Medicare and Medicaid Services (CMS) Office [...] [...]
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