Mississippi Business Journal » claim

Hailstorm claims exceed $209M; Chaney expects more

MBJ Staff — Thu, 25 Apr 2013 12:29:53 +0000

METRO JACKSON — The latest report from Mississippi’s major insurance carriers on the March hailstorm to the Mississippi Insurance Department (MID) shows that both claim and payment numbers continue to rise. As of the April 15 reporting period over 56,000 homeowner and automobile damage claims have been filed and claims payments are at $209.4 million, [...]

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Insurers setting up in Fairgrounds to meet post-storm demand

MBJ Staff — Thu, 21 Mar 2013 11:43:52 +0000

JACKSON — Due to the large volume of auto claims being filed following last Monday’s hailstorm, the Mississippi Insurance Department has arranged for insurance companies to use the Mississippi State Fairgrounds as additional damage inspection stations. These sites will be in addition to the multiple locations companies have set up across the area to inspect [...]

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Chaney expects insurers to pay only $24M for Isaac damage

Associated Press — Thu, 20 Sep 2012 18:15:10 +0000

ACROSS MISSISSIPPI — Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney says. Chaney says that as of yesterday, Mississippi’s 21 largest insurers had received 9,400 claims and paid $8.6 million. That’s tiny compared Hurricane Katrina’s $41 billion in insured damage [...]

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Judge refuses to toss Chinese drywall claims

Associated Press — Mon, 10 Sep 2012 11:26:23 +0000

NEW ORLEANS — A federal judge in New Orleans has refused to dismiss claims from homeowners who say a Chinese drywall manufacturer’s product damaged their property. Taishan Gypsum Co. Ltd. argued that U.S. courts don’t have jurisdiction over claims against the Chinese company, but U.S. District Judge Eldon Fallon rejected that argument. Fallon also refused [...]

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Insurance Department opens more claims centers

MBJ Staff — Thu, 06 Sep 2012 12:11:02 +0000

SOUTH MISSISSIPPI — As cleanup from Hurricane Isaac continues, the Mississippi Insurance Department is setting up two additional claims centers to assist residents with their claims. In addition to MID’s Coast Office in Bolton State Office Building in Biloxi, MID will be operating a claims center in Picayune at the National Guard Armory on Highway [...]

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